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 […]
Read MoreSales of private homes by developers in Singapore fell 48 per cent month-on-month in October, government data showed on Thursday. Data compiled by the Urban Redevelopment Authority showed developers sold 487 units last month, compared with 932 units sold the previous month. The October sales number was also a 36 per cent drop from the […]
Read MoreDeepening tax cooperation is conducive to trade and investment liberalisation, where it is able to build a growth-friendly tax environment to shape a fair, modern and transparent international tax system, a belief expressed by the 16-member Heads of Delegations (HoDs) of the Study Group on Asian Tax Administration Research (SGATAR). The group agreed on this […]
Read MoreSingapore-listed company Memories Group Ltd yesterday launched three new hotels in Myanmar, located in Mawlamyaing, Yangon and Mergui, respectively, even as tourist numbers dip and occupancy rates fall across the country. The 72-room, 3-star Hotel Suggati will be Mawlamyaing’s newest hotel and is being positioned as a business hotel. Mawlamyaig is the fourth largest city […]
Read MoreAd 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 […]
Read More[JAKARTA] Indonesia’s government is tightening requirements to force companies to repatriate revenue from the export of natural resources, a minister said on Friday, as authorities seek to support a fragile rupiah currency. Special accounts will be created for exporters to deposit export revenue at local banks to allow for better monitoring by the government, Darmin […]
Read More
Thailand
