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PH dollar reserves seen to improve

DOLLAR RESERVES. The country's gross international reserves (GIR) are expected to continue getting a boost from structural inflows, such as the remittances from overseas Filipino workers (OFWs), revenues of the business process outsourcing (BPO) sector and tourism receipts. Last January, the country's dollar reserves rose to USD99.72 billion from month-ago's USD96.16 billion but was lower than year-ago's USD107.69 billion. (PNA file photo) MANILA - An economist forecasts continued increase in the country's dollar reserves, which improved to USD99.72 billion last January compared to the previous month's level. Data released by the Bangko Sentral ng Pilipinas (BSP) Tuesday night showed that the January 2023 gross international reserves (GIR) of the country, however, was lower than the USD107.69 billion in the same period in 2022. In a commentary on Wednesday, Rizal Commercial Banking Corporation (RCBC) chief economist Michael Ricafort said the country's dollar

Open dialogues help boost foreign investment inflows

Viet Nam is among charming investment destinations in the eyes of foreign players thanks to open dialogues between the Vietnamese Government and the business community, said EuroCham Chairman Alain Cany.

Foreign investment in Thailand surges for January-July | World

Letters to the Editor — June 18, 2021

Letters to the Editor — June 18, 2021
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