The State Bank of Vietnam and the Government must offer stronger solutions to resolve the current problems pertaining to debt structuring, interest rate reduction, and support to businesses facing crisis. Despite extensive discussions on various policies, stabilising of production, smooth flow of the supply chain, and containing and controlling the pandemic, these above issues still […]
Read MoreSINGAPORE (REUTERS) – The Malaysian ringgit fell to a one-year low on Monday (Aug 16) and stocks in Kuala Lumpur slipped as an expectation that the Prime Minister will resign turned investors cautious. Malaysian Prime Minister Muhyiddin Yassin is expected to step down on Monday, media reports say, after losing his majority in Parliament. The ringgit last […]
Read MoreMANILA, 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 […]
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