MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) will continue to be patient, with no drastic change in the country’s accommodative monetary policy stance, vowing to do whatever it takes to help the economy fully recover from the impact of the pandemic. In an interview with ABS-CBN News Channel, BSP Governor Benjamin Diokno said […]
Read MoreThe Indonesian government has set a target that the country’s digital economic growth may account for around 40 percent of the digital economy market in ASEAN by 2025. Jakarta (VNA) – The Indonesian government has set a target that the country’s digital economic growth may account for around 40 percent of the digital economy market in ASEAN by […]
Read MoreWe have significantly reduced our outlook for Thailand’s economic growth given the surge in Covid-19 cases in the third quarter and subsequent disruption to activity. The country has been facing its worst outbreak since the onset of the pandemic, with cases surging to over 20,000 a day in August, far above previous outbreaks and reflected […]
Read MoreMYANMAR: Currently, difficulty withdrawing cash from banks, withdrawing cash by paying a certain percentage to brokers, and cash shortages are a tremendous challenge to Myanmar. Until now, we have had problems with withdrawing cash from banks. The Central Bank also issued restrictions such as a withdrawal of Ks 20 million only for companies and Ks […]
Read MoreThe prolonged spread of Covid-19 continues to dismantle the Cambodian restaurant industry. New research from the Cambodia Restaurant Association (CRA) shows that sales have been decimated by the pandemic, dropping 50 per cent last year over 2019 and now 60 per cent lower than 2020 levels. This represents a cumulative 80 per cent drop over […]
Read MoreThe registration fees collected for the state budget increased from VND11,816 billion in 2012 to VND40,194 billion in 2019, up by 240% or VND28,378 billion. According to the provisions of the Law on State Budget, local budgets can keep revenue from registration fees. Therefore, this is a revenue source that plays an important role in […]
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