MANILA, Philippines — The benchmark interest rate may hit 6.50 percent amid the tightening cycle by the Bangko Sentral ng Pilipinas (BSP) during the first semester to preempt the emergence of further second-round effects as inflation blew past expectations to hit a fresh 14-year high in January, according to Fitch Solutions Country Risk and Industry […]
Read MoreThe General Department of Taxation (GDT) and KPMG Tax Institute, an international professional body with expertise in accounting, auditing, advisory and taxation, on Saturday conducted the first-round table discussion on updates and major changes of the new tax law, tax collection methods and the new trends. Eng Ratana, Director of the Large Taxpayer Department of […]
Read MoreThe travel companies are exploiting potential markets, including India, South Korea, Australia, the Middle East, and the US. Vietnamese travel businesses are expanding their inbound markets, targeting high spending visitors, as they aim to welcome eight million nternational tourists this year. India, with a population of 1.4 billion people, is identified as a potential market […]
Read MoreJAKARTA – Asia’s central banks may need to raise interest rates further if core inflation does not show clear signs of returning to target, according to the International Monetary Fund (IMF). Policymakers must “stay alert” despite a slowdown in headline inflation as the core gauge – which strips out transitory and volatile items – still runs […]
Read MorePETALING JAYA: Malaysia will continue to focus on managing external challenges and the ramifications for the domestic economy this year, says International Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz. According to him, the growth momentum generated by Malaysia in 2022, which can be attributed to decisive policies to safeguard the economy as […]
Read MoreAs government borrows more MANILA, Philippines — The Philippines posted a two-year high balance of payments (BOP) surplus of $3.08 billion in January, reversing the $102 million deficit incurred a year ago, as the Marcos administration forayed into the offshore debt market early this year. Data released by the Bangko Sentral ng Pilipinas (BSP) showed […]
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