Experts believe that the impact of Covid-19 will last at least 12-16 months more. Only 14 percent of companies, the most agile and flexible, can become the ‘winners’, according to Arnaud Ginolin, CEO of BCG. Covid-19 has been called a ‘black swan’ as it has cast a dark shadow over the global economy. However, it […]
Read MoreMANILA, Philippines — Term deposit rates rose further as preference shifted to the longer tenor as cash-rich banks continued to park excess funds in the liquidity absorption facility, according to the Bangko Sentral ng Pilipinas. BSP Deputy Governor Francisco Dakila Jr. said the yield of the seven-day tenor increased by 1.673 basis points to 1.954 […]
Read MoreThe country’s post-election state of political limbo is causing many Americans to hit the pause button on just about every type of purchase during what retailers had hoped would be an early holiday shopping season. That uncertainty, retail analysts say, deals yet another setback to an industry that has already dealt with its share of […]
Read MoreMANILA, Philippines — The tax treatment for online gambling, whether done onshore or offshore, is the same after the Philippine Amusement and Gaming Corp. (PAGCOR) gave casino operators the green light to accept bets online, according to the Department of Finance. DOF Secretary Carlos Dominguez issued the clarification after Bloomberg reported that the applications of […]
Read MoreLine Shopping, an online shopping platform of Line app, is pivoting towards entertainment, shopper engagement and convenient commerce as part of its strategies to catch the wave of social commerce in Thailand. The move is meant to support the platform’s social commerce ecosystem with fun chat and new shopping experiences through various features. Line Shopping […]
Read MoreMANILA, Philippines — Government spending on infrastructure slowed down by 16.5 percent in the first nine months as the coronavirus pandemic caused delays in construction activities and discontinuance of projects, the Department of Budget and Management (DBM) reported yesterday. According to the latest data from the DBM, infrastructure and other capital outlays amounted to P451.5 […]
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Thailand
