MANILA, Philippines — The foreign obligations of the Philippines rose by 4.7 percent to $105.93 billion in end-September from $101.2 billion in end-June as the country received an emergency reserve fund from the International Monetary Fund (IMF), and also due to the higher borrowings by the government for its pandemic response measures. BSP Governor Benjamin […]
Read MoreConcerns about high inflation are causing many people to buy properties to hoard. Observers say now is the time for realtors, who are suffering from market doldrums due to Covid-19, to boost sales. People are rushing to buy real estate as they have heard about a possible rise in the inflation rate this year and […]
Read MoreKUALA LUMPUR, Dec 13 — The ringgit opened unchanged against the US dollar, as the market jittered in anticipation of the outcome on the Federal Open Market Committee (FOMC) meeting slated for Dec 14 and 15, an analyst said. At 9am, the local note stood at 4.2100/2135 against the greenback from 4.2100/2150 at Friday’s close. Bank Islam Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said all […]
Read MoreAttractive opportunities for merger and acquisition in the Vietnamese market have led to a busy end of the year for investors who are closing record deals. The year 2022 will see a strong rebound for Vietnam and this is also an opportunity for investors with healthy resources to jump into merger & acquisition (M&A) activities. […]
Read MoreMANILA, Philippines — Economists are not expecting a surprise on Thursday as the Bangko Sentral ng Pilipinas (BSP) is likely to keep interest rates at record lows to help the economy fully recover from the pandemic-induced recession. UnionBank chief economist Ruben Carlo Asuncion said the Monetary Board may keep policy rates on hold during its […]
Read MoreViet Nam’s Deputy Prime Minister Phạm Bình Minh has given the greenlight to the planned resumption of regular international commercial flights to a number of countries in Asia and the United States starting on January 1, 2022. In the short term, flights will operate between Việt Nam and Beijing/Guangzhou (China), Tokyo (Japan), Seoul (South Korea), […]
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