The Hanoitimes – Covid-19 has navigated the restructure in the global supply chains and initiated new opportunities for the partnership, and Vietnam and India are no exception. The global health crisis has disrupted established supply chains for manufacturers based in both India and Vietnam, opening up opportunities for the two countries’ businesses to explore alternative options. […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is likely to keep benchmark interest rates steady in the near term amid reduced demand for loans despite all-time low rates due to the COVID-19 pandemic, according to British banking giant HSBC. Noelan Arbis, economist at HSBC, said the Monetary Board is likely to keep its […]
Read MoreThe Thai economy is set for a challenging recovery, as the disruption to exports proves a drag on headline growth. In the second quarter, real GDP growth contracted by 12.2%, from a revised contraction of 1.9% in the first quarter, resulting in a 7.1% drop in first-half GDP. Lockdown measures in force throughout most of […]
Read MoreTHAILAND’S economy did not do as badly as expected in the second quarter, and the worst is likely to be over — though much weakness still lies ahead, said economists after official Q2 figures were released on Aug 17. Gross domestic product (GDP) fell 12.2 per cent year on year in Q2, slightly better than […]
Read MoreThere has been a 20 per cent increase in broadband usage, with broadband penetration up by 60 per cent and over 2,800 new orders monthly. This was based on statistics collected by network provider Unified National Networks Sdn Bhd (UNN). There has also been a 22 per cent increase in the daily consumption of mobile […]
Read MoreIN retail banks’ local functions, Singapore citizens account for seven in 10 of senior management roles, according to the Monetary Authority of Singapore’s (MAS) estimates. However, across the country’s entire financial sector, Singaporeans make up about 43 per cent of senior management. This reflects Singapore’s role as an international financial centre, MAS managing director Ravi […]
Read More
Thailand
