The state-owned Sihanoukville Autonomous Port (PAS) has gained rise of its profit by 218.86 percent or 7$.57 million to about $11 million in the second quarter of this year compared to $3.43 million in the same period of last year, according to a senior official of the port. The official said in the second quarterly […]
Read MoreMANILA, Philippines — Big banks sustained a double-digit credit growth amid the aggressive rate hikes by the Bangko Sentral ng Pilipinas (BSP) to anchor inflation expectations and avoid a breach in the two to four percent target range next year. Preliminary data released by the BSP showed that the increase in loans extended by universal […]
Read MoreThe economy is expected to grow 3% to 3.5% this year, with a slow but steady recovery as the crucial tourism sector picks up and exports remain good, Finance Minister Arkhom Termpittayapaisith told a business forum on Wednesday. The number of foreign tourists should reach 8 million to 10 million this year as Covid-19 restrictions were […]
Read MoreThailand recorded a current account deficit of $4.1 billion in July after a deficit of copy.9 billion the previous month, the Bank of Thailand said on Wednesday. Exports, a key driver of growth, rose 3.4% in July from a year ago, with imports up 25.3% year-on-year and a trade deficit of $0.4 billion, it said. […]
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