MANILA, Philippines — Purchasing Managers Indexes (PMIs) for manufacturing in Asia are expected to have improved in August from July as demand recovers slowly, according to London-based think tank Capital Economics. In a research paper, the think tank said second waves of COVID-19 infection and economic scars from the pandemic would continue to weigh on […]
Read MoreThe Bangkok Metropolitan Administration (BMA) has extended the deadline for land and building tax payments until Oct 31, said governor Aswin Kwanmuang. The new land and building tax took effect at the start of this year, and the first collection was initially scheduled to commence in April. However, due to the economic fallout caused by […]
Read MoreTHE low interest rate environment has made it more difficult to find risk-free returns, making the life of retirees who put their savings into fixed-deposit (FD) instruments for returns more difficult. While interest rates have been on a falling trend globally, especially in the more developed economies, the trend seems to have caught on in […]
Read MoreThe Hanoitimes – Each flight must have a specific plan to ensure safety, including isolation, suitable for each group of arrivals. Prime Minister Nguyen Xuan Phuc has asked relevant agencies to study the reopening of commercial routes between Vietnam and Japan, South Korea and other places with a high safety factor. According to the conclusions of […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has further extended operational relief measures by relaxing the guidelines on foreign exchange transactions amid the pandemic. BSP Deputy Governor Francisco Dakila Jr. said the regulator has temporarily lifted the prescriptive periods for the submission of application for registration of foreign investments, notice to the BSP […]
Read MoreThe Bank of Thailand on Thursday issued a new debt relief measure aimed at reducing Thais’ interest rate burden from 16-25 per cent to 5.5-8.8 per cent. The debt consolidation measure will allow borrowers to bundle their credit card, personal and mortgage loans into one sum, Thanyanit Niyomkarn, assistant central bank governor said on Thursday […]
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