MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has issued rules for the participants in an infrastructure that provides real-time settlement of payments, funds transfer instructions, and other obligations individually on a transaction-by-transaction basis to ensure the smooth flow of funds in the financial system. BSP Governor Felipe Medalla said that the Peso Real […]
Read MoreThe Vietnam Automobile Manufacturers’ Association (VAMA) reported that in January-November 2022, its members sold 369,334 products, 43 percent up year-on-year. This included 208,822 domestically assembled cars, up by 41 percent, and 160,512 imported units, up 46 percent. If counting sales of TC Motor (72,037 cars) and VinFast (20,000), and sales of other brands, such as […]
Read MoreDemand for high-priced low-rise houses continued to grow for two consecutive quarters, with market value in the third quarter soaring by 58% from the second, while developers launched new supply in this segment. Vichai Viratkapan, acting director-general of the Real Estate Information Center (REIC), said low-rise houses priced 20 million baht and higher posted significant growth […]
Read MoreThe Cambodian economy, which is projected to register a growth of 5 percent this year, is set to grow by 5.5 percent in 2023, according to the 2022 Annual Consultation Report on Cambodia published by the ASEAN+3 Macroeconomic Research Office (AMRO) yesterday. The report is based on AMRO’s Annual Consultation Visit to Cambodia from July […]
Read MoreVietnam’s economy is expected to have positive prospects in 2023 after witnessing stability in late 2022 with bright macroeconomic indicators amid the world’s difficulties. The Vietnamese financial market has witnessed positive changes in the last couple of weeks with exchange rate problems settled almost completely and inflation kept at a low rate. The corporate bond […]
Read MoreThailand’s consumer spending during the New Year could reach a three-year high of 103 billion baht (US$2.97 billion) as the economy continues to recover from the impacts of the Covid-19 pandemic, the president of the University of the Thai Chamber of Commerce (UTCC) said on Thursday. That would be a record 20% jump from about 86 […]
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