SINGAPORE will raise the pot for its Tourism Development Fund (TDF) to support the sector amid near-term headwinds. The latest S$68.5 million top-up comes on continued “targeted support” for “quality tourism enterprises”, Minister for Trade and Industry Chan Chun Sing told the Singapore Tourism Board’s (STB) Tourism Industry Conference on Wednesday. “In the near term, […]
Read MoreBaiduri Bank in collaboration with Royal Brunei Airlines has launched the ‘Your Gateway to more Destinations’ promotion for Royal Brunei Visa cards. All successful applicants for the Royal Brunei Visa Credit and Debit cards by Baiduri Bank will receive four years annual fee waiver and up to 3,000 Royal Skies miles from April 1 to […]
Read MoreThe Bank of Thailand felt that a spike in long-term government bond yields had only a limited impact on the economy when it decided to keep its key rate at a record low last month, meeting minutes showed on Wednesday. Long-term Thai bond yields moved in line with long-term US Treasury yields, the minutes said. Over the […]
Read MoreCambodia’s riel has remained relatively stable during the pandemic, despite the havoc wreaked on its economy from the loss in tourism and manufacturing jobs. Last week, Bloomberg named Thailand’s baht as Asia’s worst-performing currency. Tourism dollars contributed more than 62 percent to Thailand’s current account surplus in 2020 but after six years in the black, […]
Read MoreMANILA, Philippines — The government will no longer extend current price caps on pork once they expire, and would instead implement a suggested retail price (SRP) on imported pork in a bid to tame inflation. Agriculture Secretary William Dar told a press conference on Wednesday that the SRP on additional pork supply from abroad will […]
Read MoreInvestors should exercise extreme caution when trading cryptocurrencies, senior minister Tharman Shanmugaratnam said in parliament on Monday. «Cryptocurrencies can be highly volatile, as their value is typically not related to any economic fundamentals. They are hence highly risky as investment products, and certainly not suitable for retail investors,» Shanmugaratnam, who is also the minister in charge […]
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