MANILA, Philippines — Philippine banks are in a stronger position to support the country’s recovery from the impact of the COVID pandemic, according to the Bangko Sentral ng Pilipinas. The central bank highlighted in the Philippine Financial System for the Second Semester of 2022 report that the country’s financial system sustained positive performance and overall […]
Read MoreReports from a number of commercial centres and supermarket chains in the city show that spending on essential consumer goods during this holiday increased two or three times compared to normal weekdays. HCM CITY – Retail spending in HCM City during the Reunification Day holidays (April 29 to May 3) increased by 100 to 200 per cent as many […]
Read MoreChina Harbour Engineering Company Ltd. (CHEC) on Friday secured a contract from a Cambodian firm to construct a multi-purpose seaport in southwestern Cambodia’s Kampot province. The contract was inked here between CHEC-Cambodia office’s managing director Lan Qiuli and Meas Thom, president of Kampot Logistics and Port Company, under the presence of Cambodian Minister of Public […]
Read MoreThailand wants to conclude free-trade agreement (FTA) talks with the European Free Trade Association (Efta), Sri Lanka and the United Arab Emirates (UAE) by the middle of next year to improve trade and investment. The Thai-Sri Lankan FTA is of particular interest in terms of location, as Sri Lanka is in South Asia, with links to […]
Read MoreAfter a sluggish GDP performance in the first quarter this year, Việt Nam is still not out of the woods yet. In particular, it has not seen the light at the end of the tunnel on the trade front, according to HSBC’s report. HCM CITY — After a sluggish GDP performance in the first quarter […]
Read MoreMANILA, Philippines — Economists expect gross domestic product (GDP) growth in the first quarter to slow down sharply from 8.2 percent a year ago as elevated inflation and higher interest rates reined in consumer spending and capital formation. Alvin Ang, chair of the Department of Economics at the Ateneo de Manila University, said GDP expansion […]
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