MANILA, Philippines — In line with our vision for higher quality of life for all Filipinos, the Bangko Sentral ng Pilipinas (BSP) has embraced financial inclusion as a worthy goal, long before it was mainstreamed as a global development agenda. We recognize that bringing financial services to all, especially those that are underserved and unserved, […]
Read MoreThai exports are forecast to contract for the first time in four years in 2019 amid mounting risk factors such as the global economic slowdown, the ongoing trade row between the US and China, the baht’s strength and volatile oil prices. Aat Pisanwanich, director of the Center for International Trade Studies at the University of […]
Read MoreThe Hanoitimes – FDI commitments in the January – July period totaled US$20.2 billion, down 13.45% year-on-year. Disbursement of FDI projects in Vietnam totaled US$10.55 billion in the seven-month period, representing an increase of 6.63% year-on-year, a report of the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment has shown. Meanwhile, FDI commitments […]
Read MoreSingapore remained the largest foreign investor in Indonesia during the first half, with investments of US$3.4 billion comprising 5,348 projects, according to the latest investment data issued by the Investment Coordinating Board (BKPM) on Tuesday. During the same period, Japan was the second-largest with investment of $2.4 billion comprising 3,708 projects, followed by China as […]
Read MoreThe Bank of Thailand and commercial banks have initially agreed to set a lending guidance by capping a borrower’s debt-service ratio (DSR) at 70% for those earning up to 30,000 baht a month. The move is to keep a lid on the country’s household debt, warding off potential financial stability risks and standardising loan extensions. […]
Read MoreVietnam has climbed up three places to 42nd in the 2019 Global Innovation Index, behind Singapore and Malaysia in Southeast Asia. The country has performed better than some of its Southeast Asian neighbors on the global list, moving ahead of Thailand (43rd), the Philippines (54th), Indonesia (85th) and Cambodia (98th). Singapore (8th) and Malaysia (35th) […]
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