MANILA, Philippines — Term deposit rates eased across the board anew as inflation slowed down in March amid the reimposition of enhanced community quarantine in the National Capital Region (NCR) and nearby provinces. The yield of the seven-day tenor slipped by 4.38 basis points to 1.7842 percent at the term deposit facility (TDF) auction by […]
Read MoreKUALA LUMPUR (April 8): Moody’s Investors Service said in a report today that the asset quality of Malaysia’s largest banks had been more resilient to the coronavirus-induced economic disruption than their peers in Indonesia, the Philippines and Thailand. This resiliency, along with strong capital and liquidity buffers, will enable Malaysian banks to restore profitability faster than […]
Read MoreNew figures paint a poor picture of exports for Cambodia, highlighting the debilitating effects of COVID-19 on trade. One reason is a massive increase of up to five times in the cost of shipping combined with a shortage of available containers. A total of 978 tonnes of fresh fisheries products were exported in the first […]
Read MoreSINGAPORE, April 8 — Singapore currently accounts for a third of the world’s cruises its tourism body said yesterday, owing to the roaring success of its “cruises to nowhere” at a time of crisis in the industry globally. Cruises have yet to restart in many parts of the world after taking a beating from the […]
Read MoreSinbad provides platform for retailers to order from manufacturers and distributors JAKARTA — Indonesian B2B commerce company Sinbad is set to close a funding round of about $15 million to $20 million as it seeks to bolster its position in the competitive supply chain business, DealStreetAsia has learned. Founded in 2018, Sinbad provides a platform […]
Read MoreFado is the first e-commerce platform in Vietnam to stop selling H&M products because the brand does not respect the country’s sovereignty E-commerce trading floor Fado.vn has stopped trading products from Swedish fashion retailer H&M (Hennes & Mauritz AB) after this brand published an illegal map of China-claimed nine-dash line on its website several days […]
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Thailand
