SINGAPORE, March 10 — Some economists in Singapore are raising their 2022 inflation forecasts as the Russian invasion of Ukraine adds further pressure to already hard-pressed global supply chains and energy prices. Two out of five private-sector economists approached by TODAY have increased their forecasts in the past month. This is in line with findings of the […]
Read MoreSEBERANG JAYA: Malaysia and Indonesia will sign a memorandum of understanding (MoU) on March 17 for the recruitment of foreign workers from Indonesia. Human Resource Minister Datuk Seri M Saravanan said the MoU would be signed by both parties to allow the entry of domestic workers from Indonesia into Malaysia. According to him, issues pertaining […]
Read MoreTHE Bangko Sentral ng Pilipinas (BSP) plans to launch a pilot central bank digital currency (CBDC) in the near future, its head said. “As next step, the BSP targets to roll out in the near term, a pilot CBDC implementation which we call Project CBDCPh,” Bangko Sentral Governor Benjamin Diokno was quoted as saying in […]
Read MoreSome advisory bodies have pointed out the medical rules discouraging foreign tourists from coming to Vietnam, stressing that foreign and domestic travellers should receive the same treatment. In their letter sent to the Prime Minister, the National Private Economic Development Research Board under the PM’s Advisory Council for Administrative Procedure Reform and the Tourism Advisory […]
Read MoreThe Ukraine-Russia war has already caused the Thai economy to shrink, the Thai Chamber of Commerce (TCC) reported on Wednesday. TCC chairman Sanan Angubolkul said the chamber is closely monitoring the situation. In his opinion, the Russian economy is still strong even though the value of the rouble has taken a dive. He said Russia […]
Read MoreVisa Inc. and Mastercard Inc. are preparing to increase the fees that many large merchants pay when they accept consumers’ credit cards. The fee increases — delayed during the past two years because of the pandemic — are scheduled to kick in next month, according to people familiar with the matter and a document viewed […]
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