World Bank on June 24 approved a $200 million International Development Association (IDA) credit for the Cambodia Relief, Recovery and Resilience Development Policy Financing Project (DPF), to provide a shot in the arm for the Kingdom’s Covid-19 fight and drive towards economic recovery. “The project will help Cambodia deal with the Covid-19 crisis by providing […]
Read MoreThe government will offer 50 billion baht in savings bonds next month to finance Covid-19 relief measures, the Finance Ministry said on Friday. The proceeds will be for spending measures including a co-payment scheme and cash handouts for low-income people, Patricia Mongkhonvanit, head of the ministry’s public debt management office, said. The cabinet approved an […]
Read MoreSINGAPORE – Manufacturing output in Singapore saw a huge jump in May, helped by a low base a year ago amid Covid-19 circuit breaker measures. Factory production expanded 30 per cent year on year – a seventh straight month of growth, according to data released by the Economic Development Board on Friday (June 25). This exceeded the […]
Read MoreFollowing in the footsteps of popular giants in the traditional press world, Vietnamese media groups are more keen to examine the prospects of new models that would charge readers for content online. In early June, The New York Times (NYT) announced there were 7.8 million subscribers on its print and digital platforms, 6.9 million of whom subscribed […]
Read MoreKUALA LUMPUR: Malaysia’s consumer price index (CPI) rose by 4.4% in May from a year ago, mainly due to higher transport costs caused by the rebound in oil prices, according to the Statistics Department. Economists surveyed by Reuters had expected the index to increase 4.7% year-on-year, unchanged from April, when it grew at its fastest […]
Read MoreMANILA, Philippines — In a widely expected move, the Bangko Sentral ng Pilipinas (BSP) yesterday left interest rates unchanged at their all-time lows, but said it remains vigilant against risks to the outlook for inflation and growth. In a virtual press conference, BSP Governor Benjamin Diokno said the central bank’s policy-setting Monetary Board kept the […]
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Thailand
