MANILA, Philippines — Economic recovery for the Philippines will continue to be tough, with its return to pre-crisis levels seen only by late 2023, the Asian Development Bank (ADB) said. In a webinar organized by the United Nations Development Program (UNDP) Philippines yesterday, ADB country director Kelly Bird said economic recovery for the Philippines has […]
Read MoreThe baht opened at 32.23 to the US dollar on Wednesday, unchanged from Tuesday’s closing rate. The Thai currency is likely to move between 32.10 and 32.30 during the day, Krungthai Bank market strategist Poon Panichpibool said. The baht was likely to strengthen due to a hopeful economic recovery from an easing of the lockdown, […]
Read More[SINGAPORE] Singapore Exchange (SGX) is in advanced stages on unveiling new guidelines that will make it easier for special purpose acquisition companies (SPACs) to list in the city-state after receiving market feedback that some proposals were too strict, four sources familiar with the matter told Reuters on Wednesday. Singapore Exchange’s regulatory arm is considering easing […]
Read MoreThe number of flights connecting Hanoi to localities under social distancing is limited. The Civil Aviation Authority of Vietnam (CAAV) has requested local airlines to suspend selling tickets for domestic flights until further notice to comply with social distancing rules given the complicated developments of the Covid-19 pandemic across the country. “The air carriers are […]
Read MoreThai Prime Minister Prayut Chan-ocha walked back the government’s deadline to open the country by October during censure debates on Wednesday and said he would only do so if it was “possible.” Prayut said in June that he would reopen the country by October and that Thais must learn to live with Covid-19 or risk […]
Read MoreThe Ministry of Commerce has renewed its commitment to boost the sale of potential Cambodian products at home and abroad in the context of the Covid-19 outbreak, setting up a working group towards this end as a “pillar”. Minister of Commerce Pan Sorasak on August 30 chaired the first meeting of the working group, tasked […]
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