[SINGAPORE] The Singapore dollar’s strength looks set to fade after it lost momentum following its advance to the strongest in almost two years. The US dollar appears poised to rally against the Singapore dollar towards its 200-day moving average, after the pair formed a potential bullish double bottom pattern in February. The currency pair started […]
Read MoreMANILA, Philippines — The government has launched the first phase of the Central Business Portal (CBP), a one-stop shop online system for business registration, according the Bureau of Internal Revenue (BIR). The CBP is a single website for obtaining business-related information and carrying out transactions such as registering a corporation, and securing business permits and […]
Read MoreThe Hanoitimes – The fact that nearly 19,800 enterprises temporarily suspended operation in the first two months of 2021, up 60.5% year-on-year, has also contributed to a decline in tax revenue. Vietnam’s tax revenue in the first two months of 2021 is estimated at VND246.4 trillion (US$10.7 billion), representing a decline of 1.4% year-on-year. Upon breaking […]
Read MoreThailand may lose its reputation as a regional aviation hub if the government cannot speed up reopening the country to tourism and strengthen the competitiveness of airlines, according to Thai AirAsia (TAA). “After facing the pandemic for a year, the key factors that can strengthen Thai tourism are reopening borders and financial aid such as […]
Read MoreKUALA LUMPUR: Bank Negara’s decision to maintain the overnight policy rate (OPR) at 1.75% at its second Monetary Policy Committee (MPC) meeting yesterday suggests that the central bank is confident of economic recovery this year on the back of improving global demand and consumer spending. Bank Islam Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul […]
Read MoreMANILA, Philippines — After a four-day upswing, stocks succumbed to selling pressure as investors anticipate February inflation to breach the upper end of the government’s target. The benchmark Philippine Stock Exchange index (PSEi) closed at 6,882.49, down 60.27 points or 0.86 percent. Likewise, the broader All Shares index slipped 23.54 points or 0.56 percent to […]
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