MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) may hike interest rates as early as the second quarter due to accelerating inflation and mounting pressures from the hawkish stance of the US Federal Reserve, according to the research units of Fitch and Moody’s. In a report, Fitch Solutions Country Risk & Industry Research said […]
Read MoreThe bilateral trade between Cambodia and Thailand was valued at $5,238 million in the first eight months of this year, inching up 3.14 percent compared with the same period last year. Figures from Thailand’s Ministry of Commerce showed that from January to August Cambodia exported $623 million worth of products to Thailand, a year-on-year decrease […]
Read MoreThe country still remains among the fastest-growing economies in East Asia and the Pacific, according to WB. Vietnam’s GDP growth forecast in 2021 has been revised down to 4.8% from the previous estimation of 6.6% due to economic pains associated with the current Covid-19 outbreak, but the country still remains among the fastest-growing economies in East […]
Read MoreSINGAPORE’S population shrank 4.1 per cent between June 2020 and June 2021 to 5.45 million, largely due to the drop in non-residents during the Covid-19 pandemic, according to the annual Population in Brief 2021 report on Tuesday. This is the first time there has been a year-on-year decrease in both the citizen and resident populations since these […]
Read MoreKUALA LUMPUR, Sept 28 — The ringgit ended marginally higher against the US dollar today on improved market sentiment amid rising oil prices. At 6pm, the local note rose to 4.1835/1855 against the greenback from yesterday’s closing of 4.1865/1885. OANDA Asia Pacific senior market analyst Jeffrey Halley said the ringgit received increasing support from the […]
Read MoreMANILA, Philippines — More Filipinos would remain trapped in poverty in the Philippines in 2023 if the government won’t mix policies addressing widening inequality in its pandemic exit strategy, the World Bank said Tuesday. The grim outlook means poverty reduction in the country would be slower by 2.1 points in 2023 if recovery would only […]
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Thailand
