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Philippines: Debt payments surge to P152 billion in August

MANILA, Philippines — The national government’s debt payments surged almost five-fold to P152.4 billion in August following the settlement of matured domestic securities during the period, according to the Bureau of the Treasury. Based on the latest data from the BTr, total debt payments in August soared by 383  percent to P152.4 billion from P31.58 […]

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72% of EU businesses plan to expand in Vietnam

A majority of European businesses in Viet Nam expect to increase their operations in the country, the sixth Business Sentiment Survey of the EU-ASEAN Business Council released on Thursday shows. A total of 72 per cent of respondents in Viet Nam have plans to expand, while 63 per cent of respondents in the country are […]

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New programme to help 20,000 enterprises in Singapore heartland adopt e-payments, digital commerce solutions

SINGAPORE – A new programme has been launched to help about 20,000 retailers and food and beverage enterprises in the heartland to keep pace with digitalisation and adopt e-payments as well as other digital commerce solutions. The Heartlands Go Digital programme, which was announced on Thursday (Oct 8), is part of the Government’s broader revitalisation efforts in the heartland. […]

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Long road to recovery for Thailand hoteliers

HOTELIERS in Thailand could see losses continue until late 2021, as foreign visitors continue to stay away, even though the industry may be past the worst of its earnings crisis. Despite two domestic tourism stimulus packages unveiled in July, local take-up has been muted and consumer spending at hotels remains below operators’ break-even levels, said […]

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Philippines: Rice Tariffication Law to boost GDP — NEDA

MANILA, Philippines — The National Economic and Development Authority (NEDA) urged the public yesterday to give the Rice Tariffication Law a chance to take effect in the structural transformation of the economy and contribute to the growth of the agriculture sector. In a webinar yesterday on the effect of the law, Acting Socioeconomic Planning Secretary […]

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