MANILA, Philippines — Moody’s Analytics said elevated inflation is now eroding savings rates in Asia-Pacific, which surged through the pandemic, pushing rainy-day funds higher. In a commentary titled “Hey, Big Saver,” Moody’s Analytics said higher prices are denting the mass of household savings built through the pandemic. “With inflation still uncomfortably high across the region, […]
Read MoreBy 2030, Sihanoukville Autonomous Port (PAS) will be able to ship goods directly without any transit to the US and European Union (EU) markets, said Sun Chanthol, Minister of Public Works and Transports (MPWT) yesterday. The PAS, which is fast developing in three phases with financing support from Japan, will gear itself to receive larger […]
Read MoreThe ministry said there is still untapped potential in the domestic market as the country’s population reaches the 100 million mark. HÀ NỘI — Measures have been taken to boost domestic trade to maintain an 8-9 per cent growth rate per year, according to the Ministry of Industry and Trade (MoIT). The ministry said there […]
Read MoreMANILA, Philippines — The Philippines is ramping up efforts to push cross-border real-time payments with other members of the Association of Southeast Asian Nations (ASEAN), according to the Bangko Sentral ng Pilipinas. BSP Deputy Governor Mamerto Tangonan said the Philippines has begun policy and technical discussions with Malaysia to link the country’s InstaPay with DuitNow. […]
Read MoreThe retail prices of RON 95-III and E5 RON 92 were raised by VND490 and VND380 respectively to VND23,810 (US$1.01) and VND22,800 per litre. HÀ NỘI — Petrol prices increased by VND490 per litre in the latest adjustment from 3pm on Monday by the Ministry of Industry and Trade, and the Ministry of Finance. The […]
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Thailand
