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Test & Go a fillip for Thai tourism

Following an improvement in Thai tourism during the festive season in December, the industry faced a rocky start to the New Year due to the rise of Omicron, the highly transmissible Covid-19 variant. The fresh wave of infections prompted the government to put stringent measures in place by suspending the Test & Go scheme, hindering […]

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S&P sees 5 to 7% credit growth for Philippine banks

MANILA, Philippines — S&P Global Ratings expects Philippine banks to enjoy a sustained credit growth of five to seven percent this year amid the return of corporate and individual borrowers as the country continues to recover from the impact of the pandemic. In a report, Nikita Anand, primary credit analyst at S&P, said the Philippine […]

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Philippines: BSP vows to tame inflation

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) vowed to tame inflation after breaching the two to four percent target last year amid rising global oil prices and elevated food prices. In an open letter to President Duterte, BSP Governor Benjamin Diokno said that inflation may return to the government’s target range of two […]

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