MANILA: The Philippine central bank may consider raising its key interest rate in June, according to governor Benjamin Diokno. Policy makers may wait for another cycle after the May 19 meeting if the nation’s economy grew around 6% to 7% in the first quarter, Diokno said in a Bloomberg Television interview with Kathleen Hays, Shery […]
Read MoreFintech and e-commerce accounted for 70 percent of total venture capital in the country last year, and this trend is predicted to continue in 2022. Capital poured into startups reached US$1.4 billion in 2021, rising three-fold from the US$451 million in the previous year. Up to 70 percent of the investment was channeled into fintech […]
Read MoreBilateral trade between Cambodia and Thailand reached $1.174 billion in the first three months of this year, up by 16 per cent from January-March 2021, according to Customs. In January-March 2022, Cambodian exports to Thailand amounted to $318.116 million, up by 28 per cent year-on-year, while imports clocked in at $856.647 million, up by 12 […]
Read MoreBokeo province: The Golden Triangle Special Economic Zone (GTSEZ) is growing in development and investment projects, especially economic infrastructure, agriculture, livestock, hotels, tourism, residential areas, and entertainment, to attract more visitors, while over 500 companies are investing in the area. During a visit by reporters this week to mark the 15th anniversary of the Golden Triangle […]
Read MoreMANILA, Philippines — The government slashed its budget deficit by more than one percent to about P317 billion in the first quarter as the growth in revenues outpaced the rise in expenditures. The Bureau of the Treasury yesterday reported that the deficit fell to P316.85 billion in the three months to March, from P321.47 billion […]
Read MoreThe cancellation of Thailand Pass registration is expected to take place on June 1, with tourists using their TM6 immigration form for vaccine declaration, says the Tourism and Sports Ministry. After the Test and Go scheme is scrapped from May 1, the removal of Thailand Pass will create a more seamless travel experience and stimulate […]
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