MANILA, Philippines — The earnings of the Bangko Sentral ng Pilipinas (BSP) dropped by 35 percent to P13.71 billion from January to August compared to P33.51 billion in the same period last year due to lower revenues and net loss on foreign exchange rate fluctuations. According to the BSP, its revenue comprised mostly of interest […]
Read MoreCPI, corporate earnings AFTER a dip in headline inflation in August, the September Consumer Price Index (CPI) numbers will be watched closely. The Statistics Department is expected to release the CPI on Wednesday. The CPI for August fell 1.4% to 120.1 from 121.8 a year ago, mainly due to lower transport and fuel prices but […]
Read MoreThe majority of the large number of high-rise properties all over the capital are eerily quiet and dark as dusk falls over the city. To get an insight into the actual situation of Phnom Penh’s high condominium properties and their status amid the economic downturn, the purported over-supply, price wars and the COVID-19 pandemic, Khmer […]
Read MoreThe Finance Ministry is preparing to adjust the tax structure to incentivise foreign investors in preparation for a full reopening of the economy. One of the planned measures to stimulate the economy is adjusting the tax structure as a short-term boost for individuals and the private sector, while a long-term plan is to support investment […]
Read MoreMANILA, Philippines — The government has launched the National Food Policy which formalizes the country’s commitment to end hunger and malnutrition. During the closing of the 2020 World Food Day over the weekend, Agriculture Secretary William Dar and Cabinet Secretary Karlo Nograles formally launched the NFP. Nograles chairs the Interagency Task Force on Zero Hunger. […]
Read More[BANGKOK] Domestic car sales in Thailand shrank for a 16th straight month in September, down 4.1 per cent from a year earlier to 77,433 vehicles as the coronavirus outbreak hurt demand, the Federation of Thai Industries (FTI) said on Monday. But sales rose 12.4 per cent from August, helped by easing virus restrictions, government relief […]
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