MANILA, Philippines — Amid limited options, the Bangko Sentral ng Pilipinas (BSP) is left with no choice but to keep interest rates steady on Thursday, according to Moody’s Analytics. In its latest Asia Pacific economic preview, Moody’s Analytics said the Monetary Board would likely keep the benchmark interest rates unchanged at an all-time low of […]
Read MoreMore than half of this year’s new housing loan target of 215 billion baht will be provided with low interest rates to help low-income earners to purchase their own homes, says GH Bank. State-owned GH Bank plans to offer low-interest housing loans to low-income earners under the “Social Solution” project, said GH Bank president Chatchai […]
Read MoreThe Kingdom’s exporters have expressed deepening concerns about spiralling shipping costs, which could diminish this year’s trade figures if prolonged. Cambodia Rice Federation (CRF) vice-president Chan Sokheang told The Post on February 8 that while the cost of transporting goods to international markets has risen steadily since the Covid-19 outbreak, it has gained significant momentum […]
Read MoreLand prices in Greater Bangkok are projected to rise at a rapid rate in the second half of 2021, in part because of the forecast of an economic recovery. Vichai Viratkapan, acting director-general of the Real Estate Information Center (REIC), said land prices in Greater Bangkok last year kept increasing, with a year-on-year rise of […]
Read MoreMANILA, Philippines — Global manufacturing has remained resilient, but stalling export growth threatens to weaken production capacity, an international research firm said. In a new research report, London-based market intelligence firm IHS Markit said even as output had been holding up last month, factories worldwide have been reporting that exports and purchases continued to be […]
Read MoreCybersecurity, consumer generation consideration, new business models and technology adoption through partnership are the key priority for digital transformation amid the pandemic, says Bluebik Group, a local tech consulting firm. “Many companies are gearing up for digital transformation fuelled by the pandemic amid volatile and uncertain situations,” Pochara Arayakarnkul, chief executive of Bluebik, told the Bangkok […]
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