MANILA, Philippines — More than half of the rate hike benefit since May last year has been passed on to depositors, the Bangko Sentral ng Pilipinas said. BSP Deputy Governor Francisco Dakila Jr. said depositors benefited from the tightening cycle of the central bank’s Monetary Board in the form of higher time deposit rates. He […]
Read MoreMuch of the rapid expansion in technology has enabled banks worldwide to provide more efficient services to their customers. In Cambodia, technology played a crucial role in expanding the scope of banking to several sections of society in a comprehensive manner. Though the Covid-19 pandemic severely affected many sectors and industries across the world, the […]
Read MoreA lower rate might give buyers more confidence to make purchases and improve market attitude in general as many potential buyers are sitting on the fence waiting for prices to drop further. HÀ NỘI – There have been positive signs for the property market’s recovery, said industry experts and economists. In an earlier development, for […]
Read MoreIndonesian Coordinating Maritime Affairs and Investment Minister Luhut Binsar Pandjaitan has met with the Republic of Korea (RoK)’s Deputy Prime Minister and Finance Minister Choo Kyung-Ho in Seoul to discuss investment opportunities in electric vehicle (EV) production and tourism. Jakarta (VNA) – Indonesian Coordinating Maritime Affairs and Investment Minister Luhut Binsar Pandjaitan has met with the Republic […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is likely to take a pause in its tightening cycle as the government expects non-monetary measures to address the persistent price pressures on commodities. In a statement yesterday, Finance Secretary and Monetary Board member Benjamin Diokno said the central bank may lean toward a pause in […]
Read MoreGoing green become vital for Việt Nam’s garment and textile industry in the context of increasing requirements for sustainability. HÀ NỘI — Greening the garment and textile production is no longer an option for the multi-billion-dollar industry but a must in the context of increasing requirements for sustainability around the world, experts said. Many garment-importing […]
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