MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has raised the bar anew for designated payment systems (DPS) amid the surge in digital transactions due to mobility restrictions brought about by the pandemic. BSP Governor Benjamin Diokno said the Monetary Board issued Resolution 1132 last Aug. 26, approving the adoption of the Principles for […]
Read MoreCambodia’s hospitality industry is up in arms after Vietnam and Thailand partially open for tourists, under strict conditions, but the Kingdom remains firmly shut to such trials despite being more in control of the pandemic. This comes as news broke that Vietnam’s Phu Quoc Island will be open for “fully vaccinated” tourists from the beginning […]
Read MoreThe country’s GDP this year is expected to reach 3.5-4 per cent if the COVID-19 pandemic is controlled in September and a ‘new normal’ achieved from the fourth quarter, said Minister of Planning and Investment Nguyen Chi Dung. Viet Nam’s exports this year would increase by 10 per cent while State budget revenue will exceed […]
Read MoreMANILA, Philippines — Remittances from abroad climbed for the sixth straight month in July amid the continued reopening of economies hosting overseas Filipino workers (OFWs), according to the Bangko Sentral ng Pilipinas. BSP Governor Benjamin Diokno said personal remittances rose by 2.6 percent to $3.17 billion in July from $3.08 billion in the same month […]
Read MoreBangkok’s residential market will improve next year as supply and demand will be more balanced, while foreign buyers, particularly Chinese, are still interested in Thai property, according to property experts. Suphin Mechuchep, chairperson of property consultant JLL Thailand, said potential future demand for Bangkok’s residential market include foreigners whose demand would increase due to remote […]
Read MoreCompanies in the Kingdom are encouraged to practise more sustainable operating methods to reduce waste and increase profit. The tourist industry is currently closed because of the pandemic, green consultancy companies, tech companies and the Ministry of Environment are all working together to create a sustainable method for companies to follow. Norman Stankewitz, the founder […]
Read More
Thailand
