MANILA: The Philippines economy is staging a comeback this year. After last year’s inflation shock, a 5% slump in the currency and a widening current-account deficit, pressure is starting to ease. Consumer-price growth slowed last month, the peso and stocks are rebounding, and the current account is set to remain manageable. Economic growth is expected to exceed […]
Read MoreTHE share of workers in Singapore whose companies offer formal flexible work arrangements continues to grow, and employers are offering more types of arrangements. Last year, 72 per cent of employees worked in companies that offer at least one such arrangement, such as part-time work, flexible hours or tele-working, up from 70 per cent in […]
Read MoreThe SME Bank, a government initiative to enhance access to funding for local small and medium-sized enterprises, will come online late this year, a high ranking public official said. Vongsey Visoth, Secretary of State at the Ministry of Economy and Finance, said the budget for the new institution has been completed. He said the goal […]
Read MoreTHOUGH Myanmar’s stock market is yet to be very active due to a lag in investor interest, another move is now under way to set up a derivatives market in the nation, according to a workshop held at the Yangon Stock Exchange (YSX) yesterday. Min Htike Aung, managing director of New World Financial Group, said […]
Read MoreMANILA, Philippines — The growth in remittances by Filipinos abroad eased in November, but remained above the lowered growth target set by the Bangko Sentral ng Pilipinas. BSP officer-in-charge Maria Almasara Cyd Tuaño-Amador said personal remittances grew by only 2.4 percent to $2.58 billion in November last year from $2.53 billion in the same month in 2017. This […]
Read MoreJAKARTA: Indonesia posted wider-than-expected trade deficit in December, bringing the gap for 2018 to the largest ever, the statistics bureau said yesterday. December’s trade deficit was US$1.10bil, in a third consecutive month where the gap was wider than market expectations. A Reuters poll had expected a deficit of US$930mil. South-East Asia’s largest economy had a deficit of […]
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Thailand
