MANILA, Philippines — Economists expect the Bangko Sentral ng Pilipinas (BSP) to maintain its accommodative policy stance by keeping key interest rates on hold to help the economy fully recover from the pandemic-induced recession. ING Bank senior economist Nicholas Mapa said the BSP may decide to maintain its key interest rate after BSP Governor Benjamin […]
Read MorePETALING JAYA: Asset price inflation, which is posing a threat in some Western economies, is unlikely to rear its ugly head in Malaysia amid the country’s low interest rates and massive stimulus packages. Even as the central bank has kept key benchmark interest rate at 1.75% for some time, coupled with a cumulative fiscal stimulus […]
Read MoreThe State Bank of Vietnam (SBV) is facing a delicate balance of curtailing excessive lending to real estate developers while reducing imminent Covid-19 risks to the sector, according to HSBC. Referring the property sector as an increasing source of growth for Vietnam, the bank in its latest report noted real estate activity in the country […]
Read MoreThe green industry could become the catalyst needed to empower female entrepreneurship, but much work needs to be done on a societal and policy level in Cambodia if these benefits are to be realised. That’s according to a recent study published by the United Nations Industrial Development Organization (UNIDO.) The study analysed government policies and […]
Read More‘When can I travel again?” This familiar question echoed around the world the past 12 months since the global pandemic forced lockdowns and stringent border closures. Before people can start to move freely again, vaccine administration needs pick up speed in some countries, as only 21% of the global population have received at least one […]
Read MoreThe country’s monetary authorities have greenlighted the open finance framework rules, which are viewed as a critical enabler for digital transformation and financial inclusion. “The open finance framework recognizes that advances in technology will facilitate the development of bespoke products and services for every Filipino using their own consumer data,” the Bangko Sentral ng Pilipinas […]
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