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Philippines: BSP strengthens consumer protection

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has strengthened its financial consumer protection framework in light of the increased complexity of financial products and rapid technological innovations in financial products and services. BSP Governor Benjamin Diokno has issued Circular 1048 stating that the Monetary Board has approved the revision of the framework issued […]

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Philippines: Investment pledges more than double

MANILA, Philippines — The pipeline of projects approved by the Board of Investments (BOI) – the country’s main investment promotion agency – more than doubled in the first eight months, strengthening government’s claim that investors are not spooked by a proposed law which seeks to rationalize fiscal incentives. Investments registered with the BOI surged 126 […]

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Vietnam to honor 110 outstanding rural industrial products

The Hanoitimes – Products selected to be honored at the event are those meeting customers` requirements and capable of production expansion, while proving strong competitiveness against comparable products, creating jobs and steady sources of income for locals.   The Agency for Regional Industry and Trade under the Ministry of Industry and Trade will honor 110 outstanding […]

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Philippines, Singapore ink MOU on work skills upgrade

MANILA, Philippines — The Department of Trade and Industry (DTI) and the Technical Education and Skills Development Authority have partnered with the Singaporean government to implement programs to upgrade the skills of the Philippine labor force.  In a statement yesterday, the DTI said a memorandum of understanding (MOU) was signed for human capital development and […]

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Thailand: Hospitals getting price rankings

The government is set to categorise private hospitals based on their medicine and medical service charges so that patients can be informed of prices before they receive services. Prayoth Benyasut, deputy director-general of the Internal Trade Department, said the department is dividing 354 private hospitals nationwide into three categories: high, medium and low. The levels […]

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