MANILA, Philippines — Term deposit yields rose across the board as cash-rich banks continued to park their excess funds in the liquidity absorption facility of the Bangko Sentral ng Pilipinas (BSP). BSP Deputy Governor Francisco Dakila Jr. said tenders at yesterday’s term deposit auction facility reached P502.1 billion, higher than the increased volume offering of […]
Read More[HANOI] Vietnam plans to restart international commercial flights to and from six Asian cities from mid-September, state media reported on Thursday, ending months of coronavirus-related suspension after easing some restrictions on foreign business travellers. The Civil Aviation Authority of Vietnam (CAAV) is proposing resuming flights to Guangzhou, Seoul, Vientiane, Phnom Penh, Taipei and Tokyo, which […]
Read MoreSINGAPORE – For the seventh consecutive year, Singapore has retained the top spot as Asia-Pacific’s most innovative nation in the latest Global Innovation Index. The annual index – released by the World Intellectual Property Organisation, Cornell University and Insead – ranks 131 economies according to their capacity for, and success in, innovation. The ranking is based […]
Read MoreMANILA, Philippines (UPDATE 2 1:34 p.m., Sept. 3) — The number of jobless Filipinos went down nationwide in July after lockdown measures were eased, but a disproportionate rise in unemployment in the key economic center of Metro Manila disrupted what could have been a broad recovery. A tenth of people in the labor force did not have a job […]
Read MoreThe country cannot lock itself down to avoid foreign tourists and investors just to keep local transmissions at zero, says Deputy Prime Minister Anutin Charnvirakul. “We will either die of the disease or of hunger, so we have to face the challenge,” said Mr Anutin, who is also the public health minister. The country has […]
Read MoreThe Transportation Ministry has urged city and provincial administrations to regulate the use of electric scooters (e-scooters) and similar vehicles as their popularity grows. The local regulations should include sanctions for violations of e-scooter policies, said Budi Setiyadi, the ministry’s land transportation director general, on Monday. The ministry issued Transportation Ministerial Regulation No. 45/2020 on electric […]
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Thailand
