MANILA, Philippines — The Securities and Exchange Commission (SEC) has tightened the requirements governing online advertisements of financing and lending companies. This developed as the SEC has received numerous reports of predatory and fraudulent schemes advertised online, with some even soliciting investments from the public. Many financing and lending companies have turned to different platforms […]
Read MoreThe tricky task of maintaining regional economic unity may come to the fore when Cambodia takes over the ASEAN chair from Brunei next year. The nation will get a taste of the reins before then, when it hosts the 13th Asia-Europe Summit (ASEM13) in November before formally taking over leadership of the regional body from […]
Read MoreThe Covid-19 pandemic has forced many changes to the retail market, to the point that reinvention and reformatting have become essential for survival at a time when restrictions are everywhere. In recent years, we have seen the rise of food trucks as an effective and agile way to introduce new brands while reducing the cost […]
Read MoreThailand’s central bank left its key interest rate unchanged at a record low on Wednesday, as widely expected, but lowered its 2021 economic growth forecast as the country struggles with a third wave of coronavirus infections. The Bank of Thailand’s (BoT) monetary policy committee voted unanimously to hold the one-day repurchase rate at 0.50% for […]
Read MoreSINGAPORE consumer prices rose at a faster clip in May, up by 2.4 per cent year on year, with a boost from the low base of a pandemic-related downturn the year prior. Headline inflation has now registered its highest level since May 2014. It was a pick-up from 2.1 per cent the month before, and […]
Read MoreKUALA LUMPUR: The World Bank has lowered Malaysia’s GDP growth to 4.5% this year from 6% earlier amid a dramatic resurgence of the Covid-19 virus beginning in mid-April 2021. This recent spike in infections is raising concerns about the overall capacity of Malaysia’s health system and the effects of the ongoing cycle of opening and […]
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