The race to lure deposits among banks is becoming fiercer as more customers are selected medium- and long-term savings to get higher interest rates. Deposits at banks are mainly from customers’ payment accounts. Previously, due to low interest rates on medium- and long-term deposits, a number of customers did not pay much attention to transferring […]
Read MoreMANILA, Philippines — The Federation of Free Farmers (FFF) is urging President Marcos to reject the proposal of economic managers to extend low tariffs on imported rice until next year as it is seen non-beneficial to the country with rice exporting countries cutting shipments and raising tariffs. The proposal was to extend Executive Order 171, […]
Read MoreCambodia and Vietnam continue to march towards the goal of achieving the $10 billion-plus bilateral trade volume this year and taking the economic partnership to a new high. The commitment reflects in the bilateral interactions too. The goal was also reiterated at Monday’s meeting between Prime Minister Hun Sen and visiting Chairman of the National […]
Read MoreTourism operators are closely monitoring Covid flare-ups in many countries as the situation may interrupt travel sentiment during the upcoming high season. Asian countries are facing a surge in several Covid-19 sub-variants, including the new XBC variant in the Philippines and the XBB variant in Singapore, though the latter has recently slowed its spread. Most infections […]
Read MoreThe United States represents the country’s largest export market, with a total of 11 items reaching over US$1 billion, according to figures given by the General Department of Vietnam Customs. In fact, the US has been the largest and most important export market for Vietnamese goods for several years, while Vietnam has become one of […]
Read MoreCambodia’s level of development of government technology measured by the GovTech Maturity Index (GTMI) has been upgraded by the World Bank (WB) to Grade B from C for 2022. Cambodia has received 0.584 point for GTMI, which is better than the regional and global average points — 0.505 and 0.552 respectively, according to the latest […]
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Thailand
