MANILA : The Philippine central bank said on Friday that the local banking system remains safe and sound, amid concerns over the potential for contagion stemming from banking turmoil affecting some overseas lenders. “We have shown our resilience through the pandemic, and we continue to be strong in the face of the ongoing turbulence in […]
Read MoreGovernment Housing (GH) Bank plans to keep its mortgage interest rates steady until the middle of this year after a rate hike earlier this year, says president Chatchai Sirilai. The bank’s average interest rate is the minimum retail rate of 4.25% per year following an increase of 0.25 percentage points earlier this year. This rate […]
Read MoreA group of cashew farmers in Stung Treng province came together to share experiences on how to maintain a high yield at harvest in the coming years, which would make Cambodia the largest exporter of cashew nuts in the world, like what the Premier had urged. During a meeting with members of the cashew farming […]
Read MoreSINGAPORE: Despite total employment returning to pre-pandemic levels, the number of retrenchments in the fourth quarter of 2022 (4Q22) between October and December doubled to 2,990 from the 1,300 in 3Q22. However, fewer jobs were cut in the second half of 2022 – 890 – than expected in the information and communications sector, which covers […]
Read MoreThe State Bank of Vietnam must step up efforts in the management of the country’s banking sector and prepare for all possible scenarios for timely and effective interventions, according to World Bank. HÀ NỘI — The State Bank of Việt Nam must step up efforts in the management of the country’s banking sector and prepare […]
Read MoreBy the end of this year, 39% of global knowledge workers will be working hybrid, up from 37% in 2022, according to Gartner Inc. “Hybrid is no longer just an employee perk, but an employee expectation,” said Ranjit Atwal, senior director analyst at the technology market research group. “Many employees started to partially return to the […]
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Thailand
