MANILA, Philippines — Dollars sent home by expatriate Filipinos continued to rise for 12 straight months, growing by 2.5 percent in January, amid the redeployment of more overseas Filipino workers (OFWs) as host countries reopen their borders from strict COVID lockdown measures, according to the Bangko Sentral ng Pilipinas (BSP). Personal remittances from Filipinos abroad […]
Read MoreUSD/IDR extends early-week pullback from the 200-DMA ahead of the key central bank announcement. Bank Indonesia is expected to keep benchmark rate unchanged at 3.5%. Three-month-old ascending trend line holds the gate for further downside. Bulls have multiple hurdles even if they manage to cross the key DMA. USD/IDR remains on the back foot for […]
Read MoreThe World Bank is committed to continue its strong and close cooperation with the Royal Government of Cambodia, said visiting Ms Manuela V. Ferro, World Bank Regional Vice President for East Asia and Pacific (EAP) while paying a courtesy call on Cambodian Prime Minister, at the Peace Palace in Phnom Penh yesterday. According to Eang […]
Read MoreThe government’s recent approval of a capital gains tax waiver for startup investors is expected to drive funding for local startups up to 320 billion baht over four years and create more than 400,000 jobs, says the Digital Council of Thailand (DCT). The cabinet last week approved a royal decree aimed at waiving capital gains […]
Read MoreAccording to the World Tourism Organization (UNWTO), tourists now love to go to unspoiled lands, isolated places such as quiet countryside, high mountains, and islands or beaches not yet exploited for tourism. Located amid a rice fields and beds of vegetables, a restaurant in Thoi Thuan Ward, Thot Not District, in Can Tho City has […]
Read MoreConstruction of a railway linking Vientiane with the Vung Ang seaport in Vietnam’s central Ha Tinh province is expected to begin in November, an investor involved in the project has said. The railway, estimated to cost US$5 billion, is a proposed line that the Lao and Vietnamese governments have agreed to jointly develop. It would […]
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