MANILA, Philippines — The significant upgrade in inflation forecast for 2022 just made it harder for the Bangko Sentral ng Pilipinas (BSP) to move toward normalization, according to international think tank Pantheon Macroeconomics. In a report, Pantheon Macroeconomics said the BSP may keep rates on hold for the rest of 2022. This after the BSP […]
Read MoreCambodia earned more than $77 million from the export of rubber and rubberwood in the first two months of this year, according to the Ministry of Agriculture, Forestry and Fisheries (MAFF). Last year, Cambodia obtained more than $611 million from rubber and rubberwood exports. The country exported 366,300 tonnes of rubber and 454 cubic metres […]
Read MoreThailand is financially stable despite the Covid-19 crisis and global economic woes, the government spokesman said on Sunday. Spokesman Thanakorn Wangboonkongchana said the country is economically strong even though the government has had to offer subsidies to ease the burden on citizens affected by the pandemic and global oil crisis. He added that the country’s […]
Read MoreThe Bank of Thailand has distributed new THB20 banknotes made of polymer aimed at preventing forgery, the BOT announced. The BOT has started using the new polymer THB20 banknotes since Thursday and the public can exchange the notes at all bank branches around the country. The BOT said the THB20 banknotes already in circulation can […]
Read MoreThe plan also called for the local supporting industries to meet 70% of domestic demand and lift the localization rate in industrial sectors to above 45%. Vietnam aims to become a modern industrialized country and join the group of the world’s top 15 exporters by 2030. The move was revealed in the Ministry of Industry […]
Read MoreFEES generated from investment banking activities in Singapore fell 15.6 per cent to US$221.3 million in the year so far, compared with Q1 2021. This comes amid a decline in fees garnered from the debt capital markets (DCM), syndicated lending and advising on completed M&A (mergers and acquisitions) transactions. Meanwhile, fees generated from equity capital […]
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