According to the Business Mirror, the Philippines Banana Planter and Exporter Association (PBGEA) stated that profits in the banana export market dropped by 15% because the outbreak of Covid-19 increased shipping costs and delayed transport. This year almost 40% of the Chinese import bananas come from Cambodia and Vietnam The Philippines suffers more from distribution […]
Read MoreVietnam’s e-commerce market will maintain its solid growth trajectory this year, analysts said at a ceremony announcing Vietnam’s E-Business Index within the framework of the Vietnam Online Business Forum on April 20. Speaking at the event, a representative from the Vietnam E-Commerce Association (VECOM) said enterprises have become more dynamic and gradually adapted to e-commerce. […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has directed too big to fail banks to submit concrete and reasonable recovery plans in case of a breach in capital requirement amid the uncertainties brought about by the raging pandemic. BSP Governor Benjamin Diokno said the Monetary Board approved the amendments to the guidelines on […]
Read MoreThe resurgence of Covid-19 is forcing hoteliers to consider temporarily closing down given the low income and poor demand from tourists. Marisa Sukosol Nunbhakdi, the president of the Thai Hotels Association (THA), said non-chain hotels without adequate cash flow are choosing to cease operations from April to October or until tourism demand resumes instead of […]
Read MoreJakarta. Indonesian central bank’s latest decision to keep its benchmark interest rate may indicate that it has no further room to lower its interest rate this year as higher global yields growing higher and weaker rupiah limit its options, shifting the crux to the local banks lower to their lending interest rates to support the economy. Bank Indonesia, the […]
Read MoreIn aiming to make its insurance-linked securities (ILS) regulatory environment as appealing as possible, the government of Singapore is listening to market participants and enhancing rules surrounding ILS and catastrophe bond issuance structures, to reduce friction for sponsors and other parties involved in transactions. Ever since the start of Singapore’s journey into insurance-linked securities (ILS), […]
Read More
Thailand
