THE PESO could find support from better market sentiment this week, as governments around the world announced more measures to help cushion the impact of the coronavirus disease 2019 (COVID-19) pandem…
Economy
Doing office at home, digitally
As part of a new development in response to the impact of corona virus, a number of large global and private offices in the capital have recently asked its officials to work at home, and send their fi…
Panic buying, lockdowns may drive world food inflation: FAO, analysts
Lockdowns and panic food buying due to the coronavirus pandemic could ignite world food inflation even though there are ample supplies of staple grains and oilseeds in key exporting nations, a senior …
Malaysia central bank has more room to flex monetary muscle
Malaysia’s central bank has the firepower to inject more cash into the banking system to boost lending and support growth, with another policy rate cut not being ruled out as authorities in the …
Myanmar Unveils $70-Million Stimulus Package to Ease Economic Blow From Virus
The Myanmar government has announced an initial stimulus package to cushion the impact of COVID-19 on the country’s economy, including 100 billion kyats (nearly US$70 million) worth of loans, eased de…
How Bangladesh is developing without riches
On March 26, Bangladesh will celebrate its independence, marking the day in 1971 when the government of President Yahya Khan in Islamabad launched a murderous total war against his citizens in what wa…
Philippines seen achieving upper middle-income status this year despite COVID-19
Despite projections of slower domestic growth in 2020 as the COVID-19 pandemic takes its toll on the global economy, there’s no stopping the Philippines to climb to upper middle-income country status …
Cambodia commits to deliver at ASEM13
Cambodia will host the 13th Asia-Europe Meeting (ASEM) on Nov 16-17in Phnom Penh under the theme “Strengthening Multilateralism for Shared Growth”. The summit will be the country’s biggest, historic i…
Dollar weakens after another surprise Fed rate cut
The dollar fell against a broad range of currencies on Monday after the U.S. Federal Reserve made another surprise interest rate cut and major central banks took steps to relieve a shortage of dollars…
World Economic Forum Convenes Global Business for COVID Action Platform
The dramatic spread of COVID-19 has disrupted lives, livelihoods, communities and businesses worldwide. But the sum of many individual actions by stakeholders around the world will not add up to a suf…