MANILA, Philippines — Credit card billings plunged by 27 percent in the first semester as usage slumped amid the coronavirus pandemic. Alex Ilagan, executive director of the Credit Card Association of the Philippines (CCAP), said “the high unemployment rate, as well as the loss of livelihood for self-employed individuals and small business owners took its […]
Read MoreSINGAPORE, Oct 7 — Singapore’s central bank will issue its monetary policy decision on October 14, according to its updated calendar today. All 13 economists in a Reuters poll last week forecast the Monetary Authority of Singapore (MAS) will keep its policy settings unchanged on hopes the economy will recover as the financial hub further […]
Read MoreThe Kingdom’s vehicles business has seen a drop in both sales and imports by an estimated 30 percent because of the impact of COVID-19. Figures from the Ministry of Economy and Finance (MEF) shows that the COVID-19 crisis has caused the country’s imports to fall by more than 13,000 vehicles when compared to the same […]
Read MoreThe Centre for Economic Situation Administration (CESA) is holding discussions on further opening the country to foreign business people, while the Finance Ministry is planning new measures to stimulate the domestic economy. Government Spokesman Anucha Burapachaisri said that the CESA would discuss on Wednesday the details of rules and regulations for more entrepreneurs and foreign […]
Read MoreA number of commercial banks are going to list their shares at the HCM City Stock Exchange (HOSE), and are expected to bring a breath of fresh air to the market, which has been stagnant because of the pandemic. LienViet Post Bank (LPB) has announced it has applied to HOSE to list shares, expecting to […]
Read MoreMANILA, Philippines — The country is importing as much as 300,000 metric tons of rice until the end of the year, giving it a stable buffer stock by 2021. In a virtual briefing Tuesday, Agriculture Secretary William Dar said the DA expects about 200,000 to 300,000 MT of rice to arrive in the country for […]
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Thailand
