Continued remittance inflows and a better-than-expected current account position could keep the Philippine peso in P51:$1 territory for the rest of year, ING Bank said on Monday. “The second-quarter current account report and July remittance growth support our guarded optimism for USD/PHP,” the bank said in a market report. The second quarter’s small current account […]
Read MoreMANILA, Philippines — Efforts to temper currency fluctuations as well as lower revenues pulled down the earnings of the Bangko Sentral ng Pilipinas (BSP) in the first seven months of the year as the peso emerged as the worst performing currency in the region. The net income of the BSP fell 22.4 percent to P8.5 […]
Read MoreThe Indonesian Consumers Foundation (YLKI) has criticized Bank Indonesia for its plan to issue a regulation requiring consumers to shoulder the top-up costs for e-money. The YLKI believes the regulation will hinder the development of a cashless society. YLKI chairman Tulus Abadi said over the weekend that the emergence of non-cash transactions was a good […]
Read MoreHANOI — As the country’s consumption demand increases to match national economic progress, more and more foreign retailers are entering the Vietnamese market to a warm welcome from buyers, while Vietnam’s domestic brands look for their own growth strategies against the newcomers. Regarding the rising trend of foreign firms gaining market share in Vietnam, reports […]
Read MoreGender in the workplace remains a red-hot issue as the number of women in senior managerial positions slowly increases and discussions on the role of biology in the gender gap take centre stage. Judy Olian, dean of the UCLA Anderson School of Management and member of the advisory board of Catalyst, a leading think tank […]
Read MoreNON-OIL domestic exports (NODX) surged 17.0 per cent year on year in August, more than doubled the 7.6 per cent gain in July, trade promotion agency International Enterprise Singapore reported on Monday morning. Month on month, the NODX bounced back from a 3.3 per cent fall in the previous month to post a seasonally adjusted […]
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Thailand
