MANILA, Philippines — The head of the country’s central bank said an accommodative monetary stance remains in place as it is too early to raise interest rates. Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno said in an interview with Bloomberg Television it is too early to hike rates as monetary authorities are focused on […]
Read MoreThe Hanoitimes – In the first working day after a long holiday, customers often have high demand to open or withdraw money from saving accounts. Banks in Vietnam return to operation with promotion programs for customers in the first working day [February 17] after a week long Tet holiday. “I keep coming back to the banks […]
Read MoreThe government issued a new sub-decree on the country’s National Internet Gateway (NIG), enabling it to singularly facilitate and manage connections domestically and internationally. It said it will strengthen the effectiveness and efficiency of national revenue collection, protect national security and maintain social order, culture and tradition. The sub-decree was signed by Prime Minister Hun […]
Read MoreThe lack of foreign tourist arrivals presents a major risk to Thailand’s medium-term economic growth outlook, with a near-term recovery dependent on the resolution of the recent outbreak and fiscal support, says the Bank of Thailand. The recovery of foreign tourist arrivals could be influenced by many factors, including a plan to reopen the country, the […]
Read MoreJAKARTA (Reuters) – Indonesia needs to keep stimulus in place longer to underpin a recovery in its pandemic-hit economy, a former finance minister and analysts said, ahead of what some expect to be the central bank’s last interest rate cut of the current cycle. Southeast Asia’s biggest economy posted its first full-year contraction since 1998 […]
Read MoreKUALA LUMPUR: The National Covid-19 Immunisation Programme, which is scheduled to begin next week, can strengthen the confidence of the business and investment sectors in the country, says the International Trade and Industry Ministry (Miti). Miti secretary-general Datuk Lokman Hakim Ali said the comprehensive vaccination programme would impact positively on the operations of the business […]
Read More
Thailand
