MANILA, Philippines — BDO Unibank Inc. said the Philippine economy is set to recover with smaller gross domestic product (GDP) contractions in the third and fourth quarters, paving the way for a full recovery next year amid the pandemic. In a Market Sense webinar titled “Gearing up for recovery” organized by BDO Trust Group, BDO chief […]
Read MoreBusy data week with eye on IPI THE week ahead is packed with data. The Statistics Department is expected to announce the Industrial Production Index and manufacturing sales today and the country’s jobless rate on tomorrow. Economists expect a slight uptick in Industrial Production Index data as activities have since picked up following the relaxation […]
Read MoreThe Free Trade Agreement between Cambodia and China will be signed during a two-day state visit by China’s Foreign Minister Wang Yi in Phnom Penh today, according to an official announcement on Saturday. The announcement has ended months of speculation about the exact date the agreement would be signed after its original scheduled date of […]
Read MoreMANILA, Philippines — Loans extended by banks to large enterprises that recorded a 25 percent drop in gross receipts and are unable to pay financial obligations due to the pandemic are now considered as alternative compliance with the reserve requirements, according to the Bangko Sentral ng Pilipinas. BSP Governor Benjamin Diokno said the regulator approved […]
Read MoreMost enterprises say they are still experiencing a sharp decrease in revenue, cash flow imbalance and decline in confidence. Chu Tien Dung, chair of the HCM City Business Association, said a recent survey by the association found that only 5 percent of businesses have regained the normal situation and 9 percent have initially overcome difficulties, […]
Read MoreIN FINANCIAL terms, cashflow is akin to the bloodstream of a human being – as much as a healthy bloodstream is key to a person’s vitality, so is a healthy cash flow to a person’s financial wellbeing. It is important that people ensure their financial health via optimal cash-flow management without disregarding this aspect. Taking […]
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Thailand
