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Philippines: Remittances seen to grow by 4%

MANILA, Philippines — Security Bank Corp. expects remittances from overseas Filipino workers (OFWs) growing by four percent to a record high $31 billion this year due to the ongoing global rollout of COVID-19 vaccines. Data from the Bangko Sentral ng Pilipinas (BSP) showed personal remittances slipped by eight percent to $33.19 billion last year from […]

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Thailand set to be ‘key logistics hub’

Thailand has the potential to become a key logistics hub in the Greater Mekong Subregion (GMS) through its Eastern Economic Corridor (EEC), a forum was told. “When we work together to fulfill the potential of the EEC, Thailand and the GMS can become a powerhouse across the world,” said Narongchai Akrasanee, steering committee chairman of […]

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