MANILA, Philippines — Economists are not expecting a surprise on Thursday as the Bangko Sentral ng Pilipinas (BSP) is likely to keep interest rates at record lows to help the economy fully recover from the pandemic-induced recession. UnionBank chief economist Ruben Carlo Asuncion said the Monetary Board may keep policy rates on hold during its […]
Read MoreViet Nam’s Deputy Prime Minister Phạm Bình Minh has given the greenlight to the planned resumption of regular international commercial flights to a number of countries in Asia and the United States starting on January 1, 2022. In the short term, flights will operate between Việt Nam and Beijing/Guangzhou (China), Tokyo (Japan), Seoul (South Korea), […]
Read MoreThe Ministry of Transport has unveiled a domestic route map for its national shipping line to promote freight transport from the east to the south which is expected to be completed by next year. It is part of the ministry’s plan to connect the Southern Economic Corridor (SEC) with the land bridge megaproject linking Chumphon […]
Read MoreHome buyers need to be “cautious” when taking out new mortgages as interest rates are expected to rise, the Singapore Monetary Administration (MAS) said in a Dec. 6, 2021 Financial Stability Review. He also advised not to accept new loan commitments for high-income households. According to the report, household debt in Singapore has exceeded pre-pandemic […]
Read MoreThe construction of the Phnom Penh-Sihanoukville expressway is 70.93 percent completed as of November this year, according to the Ministry of Public Works and Transport, citing that the completion of the project is set for mid-2023. The update was made after a site inspection to some sections of construction sites located in Kampong Speu province, […]
Read MoreIf local manufacturers do not afford changes in line with sustainable and greener production, better energy conservation and higher responsibility to the environment, global clothing brands may no longer place orders to the former. That is one of the main points given during a seminar on Vietnam’s textile and garment industry co-hosted by the Vietnam […]
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Thailand
