MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is urging banks and financial institutions to reduce or eliminate fees for electronic fund transfer to boost the government’s efforts to transform the Philippines into a cash-lite from a cash-heavy economy. During the Annual Reception for the Banking Community Friday, BSP Governor Felipe Medalla said the […]
Read MoreWhile there are concerns over the high ratio of private debt in the Kingdom compared to other countries in the region, some industry leaders believe that it is still at a manageable level. Khmer Times probes to find out why the private debt is going up, whether it is under control or urgent action is required to […]
Read MoreWith the Government’s drastic measures to address problems related to legal bottlenecks, lack of capital access, and challenges in corporate bonds, the real estate market is expected to recover from the third quarter, experts have said. Experts have also called for continuing market restructuring by diversifying products, especially affordable housing, and addressing the mismatch between […]
Read MoreMANILA, Philippines — Wholesale prices of goods in the country eased in December from the previous month mainly due to the slower movement of food prices, according to the Philippine Statistics Authority (PSA). Data from the PSA yesterday showed the annual growth of the General Wholesale Price Index (GWPI) nationwide slowed further to 6.7 percent […]
Read MoreVietnam expects to rake in between 800,000 to 1 billion USD worth of seaculture product exports by 2025, according to a development project of the sector towards 2030 with a vision to 2045. Also by the time, the total area of seaculture is set to hit 280,000ha with an annual yield of 850,000 tonnes. By […]
Read MoreThe upcoming general election slated for May 7 is sparking speculation on a potential successor to Prime Minister Prayut Chan-o-cha as well as new economic policies that might be promoted by an incoming government. Business leaders have begun to chime in on what they believe could help the country survive economic challenges this year after Gen […]
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Thailand
