MANILA, Philippines — The national government’s foreign currency debt payments sent the country’s dollar position into familiar territory as it settled into a deficit in February. Data provided by the Bangko Sentral ng Pilipinas on Monday showed the country’s balance of payments position landed in a deficit of $895 million in February. This was larger than […]
Read MoreThe National Bank of Cambodia (NBC) organized on Monday a Seminar on Riel, Financial Literacy and Bakong system, as part of the celebration of the 43rd anniversary of reintroduction of Riel, the national currency. A range of campaigns to promote the Riel have been made, including celebration of Riel Day, organization of seminars, swapping old, […]
Read MoreNguyễn Quốc Việt, Deputy Director of the Việt Nam Institute for Economic and Policy Research, said production and business remain difficult. HÀ NỘI — Enterprises urge careful consideration to be given to the Ministry of Finance’s proposal to impose a special consumption tax on sugary drinks to ensure harmonisation of benefits between the State, consumers […]
Read MoreInternational trade growth is forecast to stagnate this year as countries have raised interest rates to combat surging inflation, leading to a worldwide economic slowdown, says global logistics company DHL. According to the Global Connectedness Index 2022, the global trade volume in goods reached 10% above the pre-pandemic level in the middle of last year, despite advanced […]
Read MoreThe Governor of the National Bank of Cambodia (NBC), His Excellency Chea Chanto, the Governor of the National Bank of Cambodia, responded to a set of questions provided by Khmer Times in conjunction with the 43rd Anniversary of the Reintroduction of the Khmer Riel. The following are excerpts of the questions and answers in a […]
Read MoreBENGALURU, March 21 (Reuters) – The Philippine central bank will hike its main interest rate by a modest 25 basis points on Thursday, followed by another next quarter, making rates peak higher than previously thought, before pausing until the end of the year, a Reuters poll found. The latest move would follow a 50 basis […]
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