MANILA, Philippines — Moody’s Investors Service is now looking at a slower rebound for the Philippines from the recession, lowering the country’s 2021 gross domestic product (GDP) growth forecast to 5.8 percent from the original target of 6.3 percent. In a report, the debt watcher said the degree and pace of recovery of the Philippine […]
Read MoreWith a sustained focus on digital transformation, Baiduri Bank’s launch of new platforms in March 2020 was timely to say the least. Looking forward, it must now continue in its mission to empower the community and promote sustainable banking Established in 1994, Baiduri Bank is a full-service bank serving individuals, business, corporate and institutional clients […]
Read MoreThe worsening pandemic situation and plunge in advertising budgets are expected to drive down media spending this year with a 4% year-on-year contraction to 72.1 billion baht — a critical situation for the industry, according to Media Intelligence (MI), a creative and media planning agency. “The government’s tough measure to curb Covid-19 infections and a […]
Read MoreBourse-listed Phnom Penh Special Economic Zone Plc (PPSEZ) confirmed that it has absorbed the outstanding 40 percent stake in Sahas E&C Co Ltd – paving the way for the company to press forward with its proposed share buyback. Sahas E&C was established in 2017 to provide in-house construction and engineering services for the SEZ. The […]
Read MoreTo support the implementation of circular economic policies, the upstream policies focus on sorting and processing garbage at its source Jakarta (ANTARA) – The Environment and Forestry Ministry has said it has adopted several policies to support a sustainable circular economy in the country by driving the creation of more garbage banks, among other things. […]
Read MoreMANILA, Philippines — Ayala-led Bank of the Philippine Islands saw its earnings grow by over a fifth in the second quarter, after the lender funneled less resources on buffers against bad loans from pandemic-hit borrowers. The 169-year-old bank posted a net income of P6.8 billion in the April-June period, up 28.8% year-on-year, the company told […]
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Thailand
