MANILA, Philippines — The government incurred a fiscal deficit of P37.6 billion in February, lower by nearly 51 percent than the budget gap of P76.4 billion a year ago following a decline in disbursements due to high base effects, the Bureau of the Treasury (BTr) reported yesterday. The latest figure, however, was a reversal of […]
Read MoreThe Hanoitimes – The package, which is specified in a draft decree, is set to become effective immediately upon the approval of Prime Minister Nguyen Xuan Phuc. The Vietnamese Ministry of Finance (MoF)’s decision to expand the scope of the fiscal stimulus package to VND180 trillion (US$7.64 billion) would cover 98% of total operational enterprises, according […]
Read MoreEmerging-market currencies beaten down by COVID-19 fallout may face a fresh round of selling ahead of the foreign-exchange reserves data that are expected to show big drawdowns. Mexico’s weekly data is set to come out on Tuesday, along with figures from Indonesia, Taiwan, the Philippines, China, Malaysia, South Africa and Russia. That comes on the […]
Read MoreKhmer Times has been made aware of both local and foreign business owners running establishments classified as “restaurants” are being requested to close by local authorities stating anti-COVID-19 requirements. This is despite no current official laws for closure. As of now only schools, museums, cinemas, clubs, KTVs, bars, concerts, religious gatherings and large social gatherings […]
Read MoreThe ban on all commercial flights into Thailand has been extended to April 18, as the government ramps up efforts to prevent clusters of Covid-19 infections among travellers from abroad. The decision was taken in response to growing concerns among officials that healthcare facilities in the country — including quarantine venues — will be overwhelmed […]
Read MoreThe Hanoitimes – An upgrade is unlikely, given the review for downgrade. Moody’s Investors Service has placed the long-term ratings and assessments of three Vietnamese finance companies and two Vietnamese banks on review for downgrade. The three finance companies are VPBank Finance Company Limited (FE Credit), Home Credit Vietnam Finance Company Limited (HCV), and SHB Finance […]
Read More
Thailand
