MANILA, Philippines — The World Bank Group is has lowered its growth forecast for the Philippines this year to 6.4 percent from the earlier 6.5 percent estimate due to a number of domestic and external factors such as the delay in the approval of the national budget and the impact of the El Niño weather […]
Read MoreBitcoin briefly touched $5,000 on Tuesday, its highest level since late November, while other cryptocurrencies also surged. On the Luxembourg-based Bitstamp exchange, Bitcoin rose as much as 20 percent in Asian trading to briefly touch the $5,000 mark before settling at $4,730 by 0700 GMT, up 14 percent on the day; still its biggest one-day […]
Read MorePlans are afoot to extend the waiver of the visa-on-arrival fee for visitors for another three months to ward off an economic slump during the transition to a new government. Deputy Prime Minister Somkid Jatusripitak said the Immigration Bureau is scheduled to propose to the cabinet at its April 9 meeting an extension of the […]
Read MoreWITH the United States Federal Reserve signalling a pause in interest rate hikes and both domestic growth and core inflation easing, economists expect the Monetary Authority of Singapore (MAS) to also pause at this month’s half-yearly policy review, with no further tightening as yet. February’s core inflation reading was 1.5 per cent year on year, down from […]
Read MoreA list of preferred foreign life insurers permitted to operate in Myanmar will be announced on April 5,the Ministry of Planning and Finance (MOPF) said last week. The MOPF is currently still in the midst of processing and selecting a list of qualified, foreign-owned life insurance providers to which it will issue licenses to operate […]
Read MoreKUALA LUMPUR: Bank Negara Deputy Governor Abdul Rasheed Ghaffour has called on industry players in the private sector to play a role in supporting the national agenda for more affordable homes. Speaking at the Cagamas-World Bank Affordable Housing Conference, Abdul Rasheed said property developers, as core industry players, should provide homes at affordable prices to […]
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Thailand
