AN economist sees the Bangko Sentral ng Pilipinas (BSP) making one or two 0.25-basis-point key rate increases for the rest of 2022. Michael Ricafort, chief economist at Rizal Commercial Banking Corp. (RCBC), in a report dated Aug. 22, 2022, said the BSP would not hike the key rate by 0.50 or 0.75 in its next policy actions. […]
Read MoreCambodia has temporarily halted the imports and distribution of several brands of talc baby powder after asbestos has been detected in those products, the directorate-general of Consumer Protection, Competition and Fraud Repression (CCF) said on Tuesday. Those asbestos-contained products are marketed under brands like Johnson’s baby powder, Johnson’s blossoms baby powder, D-nee Kids Baby Powder, […]
Read MorePUTRAJAYA: Malaysia’s economic growth in 2022 is likely to hit the highest end of the government’s 5.3% to 6.3% forecast, according to Prime Minister Datuk Seri Ismail Sabri Yaakob. While many economists are projecting the economy to hit a soft path in the second half of the year, Ismail expressed optimism that the country’s recovery […]
Read MoreExperts share tips, as recent Singapore study suggests a worrisome trend: Spending is not keeping pace with earnings The prognosis is stark. Inflation in Singapore has hit levels not seen in over a decade – and prices are not easing anytime soon. The rising cost of living is also the biggest worry among Singaporeans, reveals […]
Read MoreThe cabinet on Tuesday approved a proposal to loan Cambodia 983 million baht to fund a new road construction project, said deputy government spokeswoman Traisuree Taisaranakul. The Budget Bureau will from 2024 until 2026 supply the first half of the road construction loans, 491.50 million baht, while the rest will come from overseas funding sources, […]
Read MoreVietnam’s tourism sector is set to witness strong growth in the next five years, with international tourism arrivals expected to surpass pre-pandemic levels in 2024, according to The Business Times of Singapore. The daily cited Fitch Solutions’ latest report as saying that Vietnam’s tourism sector is forecast to record 11.1 billion USD in revenue in […]
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Thailand
