MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is set to raise the bar of the reporting governance framework for pawnshops, as the industry continues to expand its range of products and services that it offers to the public. The regulator is set to adopt the new reporting governance framework as it recognizes that […]
Read MoreThe continuing rise in energy prices which have raised production costs for manufacturers and the prices of goods has prompted the Commerce Ministry to upgrade the forecast for headline inflation in 2022 to a range of 5.5-6.5% (averaging 6%) from the 4-5% range (averaging 4.5%) projected in March. The new projection was based on an assumption […]
Read MoreThe boom of e-commerce in the rental market space in commercial centres has forced developers to assert their distinct identities. Business strategies including brand and tenant positioning and product diversification are being evaluated as critical success factors for shopping mall developers. The three biggest commercial space developers in Vietnam – Vincom, Lotte, and AEON – […]
Read MoreThe Royal Group Phnom Penh Special Economic Zone (PPSEZ) exported $492.7 million worth of merchandise in the first seven months of this year, a sizeable 29 per cent year-on-year increase, according to the developer. Public-listed Phnom Penh SEZ Plc (PPSP) said in an August 3 statement that exports via the special economic zone (SEZ) has […]
Read MoreMANILA, Philippines — Unemployment stood unmoved in June while the quality of available jobs improved, in what may be a show of resilience in the face of rapid inflation. In a Monday morning briefing, the Philippine Statistics Authority reported that the unemployment rate around the country in June stood at 6%, unchanged since the preceding […]
Read MoreThe Tourism and Sports Minister is planning to propose new opening hours for entertainment venues, allowing them to open until 4am to revitalise tourism sentiment during the upcoming high season. Tourism and Sports Minister Phiphat Ratchakitprakarn said the extended hours will be designated to tourism-driven economic zones to avoid creating discontent among local communities. “We already […]
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Thailand
