MANILA, Philippines — The country’s credit grade remains on solid footing despite the rising costs of pandemic response, Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno said yesterday. He said major international debt watchers such as S&P Global Ratings, Moody’s Investors Services and Fitch Ratings are likely to consider the sustainability of the government’s borrowing […]
Read MoreThe number of startup funding deals plunged to 30 in 2020, down from 41 the year before, due to the pandemic as investment focused more on companies in the growth stage, according to tech media Techsauce. However, the total investment in local startups surged to US$364 million (11.4 billion baht) last year, up from $109 […]
Read MoreSINGAPORE – Singapore was the only market in South-east Asia to see growth in private equity deals and deal value in 2020, amid greater slowdown in investment activity in the region compared with elsewhere in the Asia-Pacific. A report released by global consultancy Bain & Company on Friday (May 21) noted that the muted activity […]
Read MoreThe Royal Government of Cambodia plans to launch an economic recovery plan after the end of the Covid-19 crisis for 2021-2023 in order to restore pre-pandemic expectations and aspirations. At the 26th International Conference on The Future of Asia under the theme “Organising a New Era after the Covid Crisis: Asia’s Role in Reshaping the […]
Read MoreThailand’s economic recovery is set to be delayed by the surge in Covid-19 cases and renewed lockdown measures in April and May. The economy has been gradually recovering from the pandemic shock in the first half of 2020, on the back of fiscal stimulus and a relaxing of domestic mobility restrictions, growing 0.2% quarter-on-quarter in […]
Read MoreDespite the pandemic restrictions, the race to open more shops between coffee brands continues full steam ahead. After only five months presence in Vietnam, last month Thai coffee chain Café Amazon announced its plan to open even more stores nationwide this year. A representative of the chain said that Vietnam is still a highlight for […]
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