MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) may hold off any interest rate adjustments until next year as previous aggressive cuts to soften the impact of the pandemic have yet to be absorbed by the economy, economists said. ING Bank Manila senior economist Nicholas Mapa said the BSP is not likely to adjust […]
Read MoreThe Ministry of Industry and Trade (MoIT) held a workshop on November 4 to discuss tools to protect businesses against trade defence lawsuits in export markets in the context of integration. Pham Chau Giang, Deputy Director General of the MoIT’s Trade Remedies Authority, said that Vietnamese firms have faced more than 200 lawsuits related to […]
Read MorePETALING JAYA: The “new normal, ” brought upon by the Covid-19 pandemic, has had minimal effects on property-buying sentiment, according to a survey by CGS-CIMB. Citing the survey, the research house said 41% of respondents had unchanged interest in property investment following the Covid-19 outbreak. It added that 39% had decreased interest, while 20% had […]
Read MoreJAKARTA: Indonesia’s finance minister said “the worst is over” for South-East Asia’s largest economy, after third-quarter gross domestic product (GDP) data confirmed the country fell into recession for the first time since 1998. Sri Mulyani Indrawati (pic) said a contraction in private consumption and investment had eased in the third quarter, after suffering bigger blows […]
Read MoreLazada, an Asean e-commerce arm of Alibaba, is gearing up efforts to invest in artificial intelligence (AI) technologies, logistics operations in the Eastern Economic Corridor (EEC), and an array of new services to become a lifestyle app that goes beyond a shopping platform. “Thailand’s e-commerce arena is an emerging market. We are committed to this […]
Read MoreA senior official of the Ministry of Labour and Vocational Training (MoLVT) has called on international buyers to continue to order goods from Cambodia to contribute to improving the living and working conditions of the Kingdom’s employees. During a workshop on a joint development plan for sustainability of compliance in the field of textiles, garments, […]
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