MANILA, Philippines — Government spending on infrastructure declined by 5.7 percent in March as some line agencies were unable to implement new projects under the reenacted budget, according to the Department of Budget and Management. According to the latest disbursement report of the DBM, infrastructure and capital outlays amounted to P59.7 billion in March, 5.7 […]
Read MoreThe rupiah is moving toward Rp 15,000 per United States dollar as it was quoted at Rp 14,444 per US dollar or 0.57 percent lower than the previous day, according to the Jakarta Interbank Spot Dollar Rate (JISDOR). It was fifth day the currency had weakened against the greenback – Rp 14,362 on Monday, Rp […]
Read MoreThe Hanoitimes – In Vietnam, the gender financing gap is estimated by the International Finance Corporation to be at US$1.19 billion. The Asian Development Bank (ADB) has received US$20.2 million from the Women Entrepreneurs Finance Initiative (We-Fi) to support women-led small and medium-sized enterprises (WSMEs) to access critical financing and training in Vietnam and the Pacific. […]
Read MoreTris Rating expects demand for housing in Thailand to drop by 10% this year, as negative factors outweigh positive ones. The major negative factors include the new loan-to-value (LTV) rules imposed by the Bank of Thailand, an expected decline in Chinese buyers, and political uncertainty. In addition, the number of non-performing mortgage loans is rising, as […]
Read MoreThe Business Development Department has teamed up with Grab Thailand to promote Thai restaurants certified with the Thai Select seal by the Commerce Ministry. Vuttikrai Leewiraphan, director-general of the department, said in the first phase there will be 101 Thai Select-certified restaurants and 22 franchised restaurants in Bangkok and Chiang Mai participating in the scheme. Thai […]
Read MoreTwo state-run agencies — the Electricity Generating Authority of Thailand (Egat) and the Industrial Estate Authority of Thailand (IEAT) — are teaming up with Pinthong Industrial Park to develop on-site power generation at industrial estates in Chon Buri province. The system includes power generation from solar rooftops and energy storage, as well as a blockchain system […]
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