MANILA, Philippines — The incoming governor of the Bangko Sentral ng Pilipinas (BSP) sees inflation breaching the two to four percent target by 1.5 to 1.7 percent this year on soaring oil and commodity prices. Monetary Board member and incoming BSP chief Felipe Medalla told “The Chiefs” on Cignal’s TV’s One News/TV5 that private forecasters […]
Read MoreVietnamese products are to face numerous trade defence measures in the future despite the large number of free trade agreements (FTAs) the country has signed, according to trade experts and policymakers. Le Trieu Dung, head of the trade defence department under the Ministry of Industry and Trade, said Vietnam has signed on a total of […]
Read MoreTransport Minister Saksayam Chidchob has downplayed a threat from Hopewell (Thailand) Co regarding a criminal lawsuit against the government for failing to pay several billion baht in compensation over a cancelled transport project about two decades ago. Saying the matter should be left to the court to decide, Mr Saksayam dismissed the company’s legal threat […]
Read MoreSamarinda, E. Kalimantan (ANTARA) – The gross domestic product (GDP) from Indonesia’s creative economy sector in 2021 grew by 4.04 percent, contributing quite well to the national economic growth. “In 2020, the creative economy sector was corrected 1.70 percent. However, in 2021, the GDP of Indonesia’s creative economy sector has grown by 4.04 percent,” Director […]
Read MoreSINGAPORE has awarded 3 more in-principle approvals for its much-coveted digital payment token (DPT) licence that allows companies to offer crypto services. The applicants were not named. The move was announced on Wednesday (Jun 22) in a speech by Deputy Prime Minister Heng Swee Keat, who reiterated Singapore’s desire to work with blockchain and digital […]
Read MoreThe Ministry of Labor and Social Welfare will raise the minimum wage for low-skilled workers amid the rising cost of living in Laos. According to a notice issued by the Ministry of Labor and Welfare, the minimum wage for low-skilled workers will be raised from LAK 1,100,000 to LAK 1,200,000 beginning next month, and to LAK 1,300,000 […]
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