MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) will closely monitor the operations of licensed operators, as well as their compliance with rules and regulations to ensure the safety, efficiency and reliability of the payment system in the country. The regulator issued Memorandum 2021 045 requiring registered non-bank operators of payment systems (OPS) using […]
Read MoreThe Tourism Authority of Thailand (TAT) is hoping a shorter quarantine nationwide during the fourth quarter can accelerate travel demand once the pandemic is controlled. TAT governor Yuthasak Supasorn said the current outbreak is more severe and lasting longer than expected. It has led to stringent measures to curtail the number of new infections. The […]
Read MoreJAKARTA: Indonesia’s central bank will keep its benchmark interest rate at a record low on Thursday (Aug 19) as it tries to continue to support the economic recovery without adding more pressure on the rupiah amid United States tapering concerns, a Reuters poll showed on Monday. All but one of 24 analysts surveyed by Reuters […]
Read MoreGoods have been moving through Vietnam’s numerous seaports without hiccups despite the COVID-19 pandemic, said the Vietnam Maritime Administration (VMA). During the first seven months of this year, some 425 million tonnes of goods have been moved through seaports across the country, a six per cent increase from the same period last year. Of which, exports […]
Read MoreThe locally-listed operator of Cambodia’s flagship deep-sea port, Sihanoukville Autonomous Port (PAS), reported strong business performance in the second quarter of this year ended June 30, reflecting the recovery of the regional and global economies. In a financial report filed to Cambodia Securities Exchange (CSX) on August 13, the state-owned enterprise (SOE) reported that it […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) may tolerate the weakening of the peso against the dollar to boost the competitiveness of exporters as the country continues to struggle to curb the spread of COVID-19, according to Fitch Solutions Country Risk & Industry Research. The local currency has depreciated by 4.7 percent since […]
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