MANILA, Philippines — Economists see the Philippine central bank reversing to a tightening cycle and raising its key interest rates over the next two years as the Philippines gradually recovers from the pandemic-induced recession. Chua Hak Bin, regional co-head of Macro Research at Maybank Kim Eng, said the Bangko Sentral ng Pilipinas (BSP) may raise […]
Read MoreKUALA LUMPUR, Dec 7 — Retail sales in Malaysia fell further than projected in the third quarter, due to increased Covid-19 cases nationwide and the restrictions imposed as a response. According to a Retail Group of Malaysia (RGM) report, the sector contracted by -27.8 per cent year-on-year in the third quarter, or nearly twice as […]
Read MoreThe Cambodian government has pushed for more products for exports as the country is opening wider markets after free trade agreements and the Regional Comprehensive Economic Partnership Agreement come into force earlier next year. Speaking at the inauguration ceremony of the national road number 7 on Monday, Prime Minister Hun Sen said that the Cambodia-China […]
Read MoreThe gap between the gold price in the domestic and global market has hit the highest level in years due to a restricted supply and rising local demand. On Monday, while the gold price in the world market stayed unchanged against the previous week, the domestic price of the metal kept rising significantly, thus widening […]
Read More[SINGAPORE] More than 5,000 people travelled quarantine-free by land between Singapore and Malaysia via the vaccinated travel lane (VTL) in the first 5 days after border measures were eased. Another 2,771 people entered Singapore from Malaysia through air VTL over the same period. Last Monday (Nov 29), the rules were relaxed for those fully vaccinated […]
Read MoreAscend Money, a digital payment and financial service unicorn of Charoen Pokphand Group’s online business arm Ascend Group, has set its sights on becoming a top three player in the segment within Asean and is looking to expand its foothold in South Asia. Ascend Money, which is known for its flagship service TrueMoney Wallet, raised […]
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Thailand
