MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) yesterday kept its benchmark rate at an all-time low of two percent for a seventh straight meeting to allow the momentum of economic recovery to gain more traction by helping boost domestic demand and market confidence. In a virtual press briefing, BSP Governor Benjamin Diokno said […]
Read MoreTHE government is extending the Jobs Growth Incentive (JGI) to March 2022 to support employers that are expanding their local workforce, the Ministry of Manpower (MOM) said on Friday. “We expect the road ahead to continue to be uneven, so to secure the recovery and support our local jobseekers, we will extend the scheme by […]
Read MoreDespite the economic slowdown, digital media spending is expected to surge 11% this year to 23.3 billion baht, with e-commerce platforms at the forefront of the outlay, according to GroupM, a media investment firm. “Although the pandemic caused budget constraints, brands continue to spend on digital media to boost their sales opportunities,” Siwat Chawareewong, chief […]
Read MoreThe Indonesian Ambassador to Cambodia yesterday said he expects that Cambodia would become a strong market for Indonesian batik, a method of dying patterned cloth unique to Indonesia. The Indonesian Embassy to Cambodia yesterday held a webinar on “Batik as a Creative Industry Product: Batik in the Hands of the Next Generation” with the Cambodian […]
Read MoreMANILA, Philippines — Additional allocations from the International Monetary Fund gave the Philippines its second-biggest dollar surplus this year in August. What’s new The Philippines’ balance of payments position recorded a $1.04 billion surplus in August, 58.9% bigger than the surplus posted in the same month last year, the Bangko Sentral ng Pilipinas reported Thursday. […]
Read MoreLocal firms are taking advantage of opportunities from the deal at a time when trading activities are struggling with Covid-19 impacts. Despite the severe Covid-19 pandemic, Vietnam recorded a trade surplus of over US$1.44 billion to six markets in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), including the likes of Chile, Peru, or […]
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Thailand
