MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has tightened the rules on management contracts, outsourcing, and information technology (IT) risk management. BSP Governor Benjamin Diokno said the Monetary Board issued Resolution 190 on Feb. 10 approving the amendments to regulations on outsourcing and IT risk management. Under the new rules contained in Circular […]
Read MoreThe second RT-PCR test required by the Test & Go scheme should be scrapped by March if the Centre for Covid-19 Situation Administration (CCSA) agrees with the proposal, according to the Tourism and Sports Ministry. Tourism and Sports Minister Phiphat Ratchakitprakarn said on Friday that the ministry and the Tourism Authority of Thailand (TAT) will […]
Read MoreThe country has a lot of potential for growth and investment attraction. Vietnam will continue to be an important link in the global supply chain as its economy is predicted to recover strongly in 2022, starting from the end of the first quarter. Tim Leelahaphan, economist for Thailand and Vietnam at Standard Chartered Bank, gave his prediction at the seminar “2022 Economic […]
Read MoreMANILA, Philippines — The country’s balance of payments (BOP) position recorded a deficit of $102 million in January, ending three straight months of surpluses, as more foreign exchange flowed out of the country to pay the government’s maturing foreign debt, according to the Bangko Sentral ng Pilipinas (BSP). Last month’s BOP shortfall was a complete […]
Read MoreThailand ranks third out of 19 countries in workplace digital skill readiness, according to a survey by Salesforce, a global customer relationship management service provider, with slightly more than half of respondents in the country feeling prepared. According to Salesforce’s Global Digital Skills Index, Thailand attained a score of 48 out of 100, behind only India […]
Read MoreThe reduction in the excise tax on diesel took effect on Friday, resulting in the pump price falling by two baht per litre. Government House announced that the Royal Gazette on Thursday published the new rate of excise tax on diesel, which would run until May 20. The rate is temporarily reduced by three baht […]
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