MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is committed to bring down the level of deposits that big banks should maintain by the fourth quarter. BSP Governor Benjamin Diokno yesterday said the central bank would pursue the reduction of the reserve requirement ratio (RRR) of big banks to within single digit in the […]
Read MoreCambodia’s total trade volume was valued at $22.4 billion in the first five months of 2022, up 19.7 percent from 18.7 billion dollars over the same period last year, an official report showed on Monday. The kingdom’s total exports were worth $9.41 billion during the January-May period this year, up 34.5 percent year-on-year, and total […]
Read MoreThe planned resumption of bus services between Khon Kaen and Vientiane has been postponed as the Lao kip worsens. The Lao partner responsible for running the bus route has said he is not ready for services to resume, citing the weakening of the Kip currency from 250 to 450 kip per Baht, as well as […]
Read MoreVietnam’s merger and acquisitions (M&A) market in 2022 is forecast to include big deals worth billions of dollars in the banking industry. One of them is related Commercial Joint Stock Bank for Foreign Trade of Vietnam (Vietcombank). Vietcombank will carry out a private placement of 6.5 percent of its capital. If successful, the deal will […]
Read MoreKUALA LUMPUR: Export bans or food protectionism are not the answer to maintain or lower the cost of living, according to Apurva Sanghi, who is The World Bank lead economist for Malaysia. “Self-sufficiency is not the same as food security. “Food security is about the three As – affordability, availability and accessibility – underpinned by […]
Read MoreBehind the good news that in the first quarter of 2022, for the first time in history, the number of newly registered businesses in a month exceeded 15,000, there were still worries about the “health” of many others. “In some articles, I mentioned the slow implementation of support packages. Vietnamese enterprises are still struggling. Within […]
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Thailand
