MANILA, Philippines — The Bangko Sentral ng Pilipinas is not worried about the current weakness of the peso, adding it is ready to step in to tame any sharp depreciation of the local currency. In a Monday morning interview with ABS-CBN News Channel, BSP Governor Benjamin Diokno said the central bank is already intervening in […]
Read MoreKUALA LUMPUR: The industrial production index (IPI) rose 28% in May from a year ago, underpinned by the manufacturing sector and after a low base, the Statistics Department data showed on Monday. Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin said the growth of IPI in May 2021 was underpinned by the expansion in all […]
Read MoreWorldBridge Secure Logistics (WSL) has rebranded as Brink’s WorldBridge Secure Logistics (BWSL) with the full fledged entry into Cambodia of Brink’s, the world’s largest secure logistics company. The rebrand was announced on Saturday at the Sofitel Hotel in Phnom Penh. Sear Rithy, founder and chairman of WorldBridge Group, was joined at the ceremony by United […]
Read MoreThe stupendous surge of retail investors across the globe has prompted digitally-led investment applications and online platforms to develop, as they look to automatically optimise their passive indexed portfolios. Newly-minted domestic investment app Infina successfully last week closed an oversubscribed $2 million seed round with the participation of international investors including Saison Capital, Venturra Discovery, […]
Read MoreSINGAPORE – Singapore kept its position as the world’s top shipping hub on the 2021 Xinhua-Baltic International Shipping Centre Development (ISCD) Index for the eighth consecutive year. The Republic was followed by London, Shanghai, Hong Kong and Dubai. The top five rankings were unchanged from the previous year, despite the pandemic-induced drop in global trade and […]
Read MoreInvestment in foreign stocks has risen exponentially as Thais rush to buy high-growth stocks in global markets after recently being allowed to do so through local brokers, while Thai stocks remain volatile during the pandemic. According to the Securities and Exchange Commission (SEC), revenues from global stock trading through local brokers for the first half […]
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