MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is expected to ease the country’s policy stance further after emerging as one of the most aggressive central banks in the world in the fight against the impact of the pandemic. Kanika Bhatnagar, economist at ANZ Research, said the BSP is likely to reduce policy rate […]
Read MoreConsumer credit performance is showing consistent improvement as both loan balances and the number of loan accounts issued are undergoing sustained positive growth, according to a report from the Credit Bureau Cambodia (CBC). The CBC, which began operations in 2012, is the leading provider of credit information, analytical solutions and credit reporting services to banks, […]
Read MoreMore and more Vietnamese individuals with businesses online have declared tax and paid personal income tax. The Hai Chau district taxation agency in Da Nang City has confirmed that it collected the tax arrears of VND25.3 billion from one individual. N.N.D, who lives in Da Nang, had revenue of VND281 billion from ad services paid […]
Read MoreThailand’s public debt will not exceed the 60% ceiling rate by 2025 if there is no more borrowing for Covid-19 management, says Finance Minister Arkhom Termpittayapaisith. The government expects to manage the fresh outbreak and there is sufficient capital in government coffers to cushion the impact, said Mr Arkhom. But if a third wave occurs, […]
Read MoreSINGAPORE – Even as the Covid-19 pandemic ravages the economy, the number of people who were made bankrupt last year sank to the lowest in five years. Bankruptcy orders tumbled more than 40 percent to 965 from 1,645 in 2019. Figures from the Law Ministry’s Insolvency Office website showed more than 1,600 bankruptcy orders were made annually […]
Read MoreKUALA LUMPUR: The manic ride in GameStop Corp sparked by American amateur traders on Reddit has inspired some Malaysians to form a similar group targeting shares of glove makers — one of Asia’s hottest pandemic trades in 2020. The online community by the name of Bursabets was created on Thursday and already boasted more than 9,400 members […]
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