$1.5 billion package launched to help Singaporeans cope with inflation
The package will also provide a $100 utilities credit to every Singaporean household and extend more help to local companies, among other measures.
Policy Matters
Hong Kong’s May inflation up 1.2%
Netting out the effects of the government’s one-off relief measures, the year-on-year rate of increase in May was 1.7 per cent, while price drops were seen for gas and water.
Philippine peso hits 54.065 per 1 US dollar, weakest since Oct 2018
The local currency’s continued depreciation further confirms international banks and economic consultancies’ predictions, citing a widening trade deficit.
Shanghai fire sparks safety campaign in China
The focus of the campaign will include aspects such as improving safety at chemical industrial parks; safety risk management and control of large oil and gas storage facilities.
Cambodia’s e-payment transactions up by over a third in 2021
The large proportion of people with access to mobile devices and internet, coupled with supportive regulatory frameworks, have encouraged financial institutions to introduce…
Markets headed for more volatility as inflation bites
Bond markets look jittery, while the crypto market has been savaged. Bitcoin has lost two-thirds of its value since it hit a US$70,000 high seven months ago.
NTT Group introduces remote-first policy
The new teleworking system will be introduced in July and apply to approximately 30,000 employees at major NTT Group companies.
Officials debunk rumour Walmart banning Thai coconut
The false reports said Thailand was using monkeys to pick coconuts.
Strong policies on investment to be crafted
China will focus on effective investment, Premier Li Keqiang said
RI steps closer to becoming vaccine hub
As a number of locally developed Covid-19 vaccines enter the advanced stages of clinical trials and prepare for mass-production, Indonesia edges closer to becoming a vaccine hub.