MANILA, Philippines — Term deposit rates eased across the board anew, as investors anticipate more interest rate cuts amid the impact of the coronavirus disease-2019 (COVID-19), according to the Bangko Sentral ng Pilipinas (BSP). The yield of the seven-day term deposits slipped by 0.51 basis point to 3.8250 percent at the term deposit auction facility […]
Read More(REUTERS) – The effects of the coronavirus outbreak are likely to reverberate beyond China as most major economies in the region are expected to either slow down significantly, halt or shrink outright in the current quarter, Reuters polls of economists found. Singapore is forecast to be the worst affected from the fallout, with growth dropping by more […]
Read MoreResidential property market growth this year has been cut to 3-5% from 5-7% following lowered GDP growth forecasts of 1.5-2.5% amid the spread of the recent coronavirus outbreak, says the Real Estate Information Center (REIC). Vichai Viratkapan, REIC’s acting director-general, said the outbreak is a new threat that will have a strong impact on the […]
Read MoreTo facilitate and support the garment sector currently encountering a lack of raw materials and to reduce logistics and transportation costs, the Ministry of Economy and Finance yesterday sought urgent measures to help the sectors importers and exporters. It sent a letter to the General Department of Custom and Excise signed by Deputy Prime Minister […]
Read MoreThe Hanoitimes – The recent and on-going healthcare emergency caused by the Covid-19 also highlights the need to review how employers manage and deliver healthcare benefits. Growth in Vietnam’s healthcare benefit cost is predicted to increase 12.1% in 2020, higher than the 10.9% growth in 2019, according to a survey of medical insurers by Willis Towers […]
Read MoreLow prices are causing problems for small- and medium-size poultry farms in Myanmar, industry officials say. The entry of foreign companies into the domestic poultry breeding industry is causing an imbalance between production and consumption, leading to prices falling below production costs, says Mandalay Region Livestock Breeding Federation chair Dr Kyaw Htin. “It is now […]
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Thailand
