MANILA, Philippines — The Philippines currently holds the second largest pipeline of airport infrastructure projects in terms of value, according to Fitch Solutions. In a report, Fitch Solutions said medium-to long-term opportunities abound in Asia, as majority of airport projects are currently at the pre-construction phase. It said the region hosts over $220 billion worth […]
Read MoreMajor cities, such as Hanoi and Ho Chi Minh City, have witnessed a steep rise in new business registration during the January-March period. Vietnam has seen a total of 34,600 enterprises being set up in the first quarter this year, the highest number to date, according to the General Statistics Office. In March, an estimated […]
Read MoreThe baht opened at 33.25 to the US dollar on Thursday, strengthening from Wednesday’s close of 33.31. Krungthai Bank market strategist Poon Panichpibool predicted the Thai currency would move between 33.15 and 33.40 during the day. Poon said the baht was likely to swing in a wide range after strengthening suddenly on Wednesday due to […]
Read MoreThe Ministry of Public Works and Transport has announced plans to implement an online-only electronic data exchange system in Cambodia’s ports in August to facilitate a more efficient management of ship transport and transfer activity. The ministry held a meeting on March 28 on the preparation of a draft sub-decree on the electronic data exchange […]
Read MoreMANILA, Philippines — More Filipinos are carrying less cash in their wallets as they shifted to contactless payments last year amid the COVID restrictions, according to the latest Consumer Payment Attitudes Study of Visa. Dan Wolbert, country manager for the Philippines and Guam at Visa, said in a virtual press conference that the preference for cashless […]
Read MoreThe Bank of Thailand left its key interest rate unchanged on Wednesday, as expected, maintaining support for a fragile economic recovery facing global risks. The BoT’s seve-member Monetary Policy Committee unanimously voted to hold the one-day repurchase rate at 0.50%, where it has been since May 2020, for a 15th straight meeting. All 22 economists […]
Read More
Thailand
