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Philippines: More banks waive remittance fees

MANILA, Philippines — More Philippine banks are helping ease the burden of Filipinos working and living abroad affected by the coronavirus disease 2019 or COVID-19 pandemic by waiving transaction fees for remittances. For one, Philippine National Bank has extended the waiver on remittance fees for various channels up to May 31 after it lapsed on […]

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Thailand: Consumer confidence lowest since 1999

Consumer confidence slumped to a 21-year low in April as the public remained worried about the poor economy, unemployment and future income because of the coronavirus. The University of the Thai Chamber of Commerce (UTCC) reported yesterday that the consumer confidence index fell to 47.2 last month from 50.3 in March. This was the 14th […]

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