MANILA, Philippines — The government slashed its borrowings in the first semester to just a little over P1 trillion as the economy continues to recover from the pandemic. Latest data from the Bureau of the Treasury showed total borrowings from January to June dipped by 45 percent to P1.07 trillion from P1.93 trillion in 2021. […]
Read MoreFollowing the global epidemic of Covid-19, the Sihanoukville Special Economic Zone has strived to secure production lines and to date it has attracted a total of 170 enterprises from Europe, the United States, China and Southeast Asia, and created nearly 30,000 jobs. On the occasion of the investment process at Ministry of Labor and Vocational […]
Read MoreThe public and private sectors are being urged to support domestic consumption stimulus plans to boost economic growth, cash flow, and funding support for small and medium-sized enterprises (SMEs) in the retail and service industries. “Continuous support measures such as the ‘Khon La Khrueng’ co-payment scheme and the stimulation of high-spending consumers via the ‘Shop […]
Read MoreKUALA LUMPUR: The banking system continued to maintain healthy liquidity and funding positions, recording an aggregate liquidity coverage ratio of 148.4 per cent, a position which remained supportive of intermediation activities, Bank Negara Malaysia (BNM) said. In a monthly highlights June 2022 report released today, the central bank said loan-to-fund ratio remained stable at 81.8 […]
Read MoreLending interest rates in the remaining months of this year will stay relatively stable to help firms recover production after the pandemic. Lending interest rates in the remaining months of this year will stay relatively stable to help firms recover production after the pandemic. This is thanks to the 2-per-cent interest rate support package and banks’ […]
Read MoreMANILA, Philippines — Retail prices of building materials in the National Capital Region (NCR) continued to pick up in May, posting the fastest annual growth rate in more than 13 years, according to the Philippine Statistics Authority (PSA). Data from the PSA showed the Construction Materials Retail Price Index (CMRPI) in NCR went up by […]
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