KUALA LUMPUR: Top priority will be given to the development of digitalisation in the new services sector blueprint 2021-2025 to complement the Jalinan Digital Negara Plan (Jendela), the International Trade and Industry Ministry (Miti) said. Senior Minister and International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali said all new programmes on digitalisation under […]
Read MoreThe Thai National Shippers’ Council expects Thai exports will rebound to 3-5% growth next year, driven by the Regional Comprehensive Economic Partnership (RCEP) pact, Covid-19 vaccine progress and a fast economic recovery in China. Chairwoman Ghanyapad Tantipipatpong said on Tuesday the figures are based on the council’s “conservative forecast” for 2021 exports. The growth is possible […]
Read MoreFor clearer view of pandemic impact on banks MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has shortened to end-December the time given to banks to reclassify loans to borrowers as past due and non-performing, to see a clearer picture of the impact of the COVID-19 pandemic on the banking sector. BSP Deputy Governor […]
Read MoreBank Indonesia (BI) is urging commercial banks to cut lending rates and accelerate credit disbursements to lift the economy out of recession as loan channeling shrank for the first time in at least two decades due to weak demand and the banks’ risk aversion. BI Assistant Governor Aida S. Budiman said on Monday that banks […]
Read MoreThe two phases of the co-payment scheme are projected to increase GDP by 0.32 percentage points, causing spending worth 105 billion baht to be injected into the economy. The cabinet on Tuesday approved a 43.13-billion-baht budget to stimulate the economy through extension of the co-payment scheme, which subsidises 50% of food and goods purchased at small […]
Read MoreMANILA, Philippines — Remittances from overseas Filipinos are expected to remain broadly steady this year despite the adverse impact of the coronavirus pandemic on the global economy, according to digital payments provider WorldRemit. Earl Melivo, WorldRemit country director for the Philippines, said the company sees the inflow of remittances to remain “resilient,” with a projected […]
Read More
Thailand
