MANILA, Philippines — A total of nine companies managed to beat the deadline for the filing of applications for digital banking licenses as the three-year moratorium imposed by the Bangko Sentral ng Pilipinas (BSP) took effect on September 1. In an email sent to The STAR, the regulator said it received nine applications from new […]
Read MoreA well-functioning logistics sector underpins most economic activities and is fundamental for productivity and growth. Greater liberalization efforts in the logistics sector would help Vietnam to benefit from potential economy-wide productivity gains from increased foreign direct investment (FDI). This is one of the 36 recommendations on specific legal provisions that should be removed or amended […]
Read MoreHua Hin’s reopening plan scheduled to begin on Oct 1 aims to attract tourists arriving by commercial flights and private jets via Hua Hin airport. Tourism Authority of Thailand (TAT) governor Yuthasak Supasorn said travellers can visit through the Hua Hin Recharge scheme by travelling non-stop in a vehicle from Suvarnabhumi airport or via a […]
Read MoreThe construction of the first phase of deep-water port terminal of listed Sihanoukville Autonomous Port (PAS) has been delayed till next year and is set to complete by 2025, according to the port’s senior official. The deep port terminal of 350 metre long with a water depth of 14.50 metres can handle container vessels of […]
Read MoreMANILA, Philippines — The Department of Finance (DOF) has opposed a proposal seeking to enforce a debt ceiling of 50 percent of gross domestic product (GDP), warning this may hinder spending for recovery efforts in times of crisis. Finance Secretary Carlos Dominguez III yesterday said the DOF sees no need for lawmakers to legislate a […]
Read MoreThe baht opened at 32.50 to the US dollar on Tuesday, weakening from Monday’s closing rate of 32.45. The Thai currency is likely to move between 32.40 and 32.55 during the day, Krungthai Bank market strategist Poon Panichpibool said. Poon predicted that the baht would drift sideways in the short term. Investors are waiting for […]
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