Despite the Covid-19 crisis, Bamboo Airways and Vietnam Airlines have announced plans to fly non-stop to the US by the end of this year. The UK Airports Commission has granted slots at Heathrow Airport in London to Vietnam’s Bamboo Airways, commencing in May. A representative of the private air carrier has confirmed the news, saying […]
Read MoreThe manufacturing Purchasing Managers’ Index (PMI) released by IHS Markit jumped to 53.2 in March from 50.9 in February, marking the strongest reading since the survey began in April 2011. Therefore, the index moved further above the 50-threshold, signifying improving operating conditions. March’s increase came on the back of stronger increases in both output and […]
Read MoreSINGAPORE (REUTERS) – Singapore’s central bank is expected to leave monetary policy on hold at its April review, economists said, as the trade and finance hub’s economic growth remains susceptible to risks from the Covid-19 pandemic that is still raging globally. All 15 economists in a Reuters poll expect the Monetary Authority of Singapore (MAS) to keep […]
Read MoreThe credit card club of the Thai Bankers’ Association has proposed the central bank maintain a minimum debt payment measure for credit cards to help alleviate the financial burden on consumers during the country’s uneven economic recovery. Atis Ruchirawat, managing director of General Card Services Ltd, which runs Central The 1 Credit Card, and chairman […]
Read MoreASEAN’s central bank governors and finance ministers agreed that in order to restore their economies in the post COVID-19 period they must strengthen their digital infrastructure and data connectivity. The representatives of the 10 Southeast Asian countries say they will invest more in human resources and infrastructure to strengthen economic productivity and support and promote […]
Read MoreKUALA LUMPUR: Despite generally benefiting from external trade given the rebound in global growth and the pick-up of international trade, Malaysia has to remain vigilant to the risk of rising trade tension between the United States and China. Bank Negara deputy governor Datuk Abdul Rasheed Ghaffour (pic) said Malaysia’s well-diversified trade in terms of source […]
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Thailand
