MANILA, Philippines — The generous monetary support unleashed by central banks around the world, including the Bangko Sentral ng Pilipinas (BSP), is expected to remain in place to support the global economy from the pandemic-induced recession, according to Moody’s Analytics. In its latest global outlook titled “Recovery fraught with risk,” Moody’s Analytics senior economist for […]
Read MoreJakarta (VNA) – Indonesia’s export value hit 18.35 billion USD in March, the highest level since the 18.64 billion USD posted in August 2011, according to the Statistics Indonesia (BPS). The March’s figure represented rises of 20.31 percent and 30.47 percent month-on- month and year-on-year, respectively. BPS’ leader Kecuk Suhariyanto said at an online press conference that the […]
Read MoreAll taxpayers in the capital have been directed to file their monthly tax returns and pay their taxes on the General Department of Taxation’s (GDT) website, according to a GDT notice posted on April 16. Businesses that have been permitted to continue operations during lockdown have been offered an extension and have until April 27 […]
Read MoreRealtors and securities investors have been pocketing big money in recent months. In early 2020, Pham Thanh Bien, who works in Bac Thang Long Industrial Zone (IZ) in Hanoi, sought to buy land in Hai Boi commune of Dong Anh district. The landlord had set the price of VND25 million per square meter, which Bien […]
Read MoreMANILA, Philippines — Budget utilization by government agencies eased in the first quarter, according to the Department of Budget and Management (DBM). Agencies used up P788.85 billion out of the P810.68 billion released through Notices of Cash Allocation (NCA) from January to March. This resulted in a utilization ratio of 97 percent, down from 99 […]
Read MoreThailand’s shipments of wearables grew 47.3% year-on-year to 3.46 million units in 2020 despite the pandemic as Chinese smartphone vendors made forays into this segment, according to International Data Corporation (IDC), a tech market research firm. The growth was supported by strong uptake of earwear, which grew 97% to 1.3 million units in 2020. In […]
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