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Philippines: BSP delivers 5th rate hike in 2018

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) decided yesterday to raise anew policy interest rates by 25 basis points as part of a proactive action to help temper the rise in inflation. This brought the total increase in benchmark rates to 175 basis points in five rates setting meetings since May this year to curb rising inflationary […]

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Thailand: Ad spending set to grow 3.5% in 2018

Ad spending this year is estimated to grow 3.5% to 89.5 billion baht, with out-of-home (OOH) and online recording the highest ad growth of 23% and 21% respectively, says ad service provider Media Intelligence (MI). The girl group BNK 48, Love Destiny, Wife 2018, the World Cup and Asean Games have propelled the advertising business. MI […]

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