Some commercial banks have raised deposit interest rates following an 8-year inflation rate high in February. Analysts believe a new interest rate floor will be set in the second quarter. Techcombank and VPBank’s moves of raising deposit interest rates in early March have been followed by a series of other banks. Agribank and Vietcombank, two […]
Read MoreKUALA LUMPUR: Malaysia’s Consumer Price Index for February rose by 0.1% from a year ago due to increases in goods and services and food and non-alcoholic beverages. The Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin said on Wednesday the CPI rose to 122.5 from 122.4. On a monthly basis, the CPI increased by 0.3% […]
Read MoreMANILA, Philippines — The renewed tighter restrictions in the capital due to surging COVID-19 cases may put the Philippine economy at risk of a double-dip recession, a global think tank said, but the government maintained that the economy remains on track for recovery and growth. In its latest economic monitor, UK-based Pantheon Macroeconomics said the […]
Read MoreFive-star hotel brands are ready to receive travelers back to the country with the strong belief that the tourism industry is coming back to life. IHG, the owner of many strong brands, including Six Senses and InterContinental, has announced a plan to develop more hotel and resort projects in Vietnam in the next two years. […]
Read MoreIn collaboration with 14 state agencies, the Securities and Exchange Commission (SEC) is planning to create a “government digital wallet” to store all digital assets seized or frozen by the state as proceeds of crime in order to make the assets more secure. The wallet will also improve the SEC’s efficiency in enforcing the Digital […]
Read MoreThe government has identified policies to promote local currency usage as a key priority in its financial sector development strategy. The stability of the riel is perceived as a key ingredient by the government in establishing people’s confidence in using the currency as a matter of course over the US dollar. The National Bank of […]
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Thailand
