MANILA, Philippines — The net income of the Bangko Sentral ng Pilipinas (BSP) dropped by 24.5 percent to P9.9 billion in the first quarter from P13.13 billion in the same quarter last year on the back of lower gains on foreign exchange rates fluctuations. Data released by the central bank showed total revenues, comprised of […]
Read MoreTravel between Cambodia and Malaysia may resume with fewer restrictions, it’s been announced. A call for the move was made because of high demand from Malaysian businessmen based in Cambodia and on the understanding that the COVID-19 situation has now been brought under control in both countries. That is the view of the President of […]
Read MoreIt is anticipated that local textile and apparel firms will not be able to enjoy any immediate benefits from the European Union -Vietnam Free Trade Agreement (EVFTA) once it enters into force due to rules of origin, according to insiders. A representative from the Thanh Cong Textile Garment – Investment – Trading Joint Stock Company […]
Read MoreLeisure travellers may be allowed to enjoy beach locations again in August, as the government is working with designated destinations to accommodate tourists under the travel bubble scheme, says the Tourism and Sport Ministry. “There are signs Thailand may restart the international market again in August, earlier than previously expected in September or October, as […]
Read MoreKUALA LUMPUR, June 30 — The Covid-19 pandemic and the government’s containment measures in March and May cost the retail industry around RM1.8 billion, according to Malaysia Shopping Malls Association president Tan Sri Teo Chiang Kok. Teo, in a report by The Straits Times, also said the estimated loss was only for the months when the […]
Read MoreMANILA, Philippines — Megaworld, the Andrew Tan-led property developer, is investing more in e-commerce facilities to fast track the recovery of its commercial and hotel businesses. The two businesses have been affected by the coronavirus disease 2019 or COVID-19 pandemic, said Megaworld chief strategy officer Kevin Tan. In the coming weeks, the company is set […]
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Thailand
