Vietnam: Credit Rises 8.54%: Central Bank Sunday, 14 August 2016 – Credit rose 8.54% by July 29 against late last year while mobilised capital surged 9.94%, the State Bank of Vietnam (SBV) reported August 11. At a meeting held in Hanoi on August 11 to review banking operations in H1 and outline plans for the […]
Read MoreVietnam: Vietnam banks bad debts drop to 2.58 pct: data Sunday, 14 August 2016 – It represented a decrease of two percentage points from a month earlier, the central bank’s website reported Thursday, quoting Doan Van Thang, deputy director of the Vietnam Asset Management Company. It was also nearly equal to the five-year low of […]
Read MoreVietnam: Petrolimex reports over a trillion in first-half profits Sunday, 14 August 2016 – The Vietnam National Petroleum Group, or Petrolimex, posted pre-tax profits of VND716bn (USD32.5m) in the second quarter and nearly VND1.6trn in the first half of the year. According to the financial report, the second quarter’s revenue dropped by a third compared […]
Read MoreVietnam: Vietnam a rising retail market in Asia Pacific Sunday, 14 August 2016 – Vietnam is emerging as a rising retail market within Asia-Pacific, according to real estate consultants JLL. “The market is becoming more attractive recently on the back of a rise in purchasing power, growth in consumer retail spending, and an expansion in […]
Read MoreSingapore: Shaking the money tree: What lies ahead for Singapore’s banking sector Sunday, 14 August 2016 – Mention Singapore as a financial centre and the image that comes to mind is the Marina Bay skyline. DBS is at Marina Bay Financial Centre. Across the road at Raffles Place are the impressive buildings of United Overseas […]
Read MorePhilippines: Tax incentive compliance report Monday, August 14, 2016 – The Philippines is one of the largest outsourcing destinations in the world. One of the reasons for the sector’s rapid growth is government support in the form of regulations and incentives. Most BPO companies in the country are registered with the special economic zones that […]
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Thailand
