The vast majority of local companies lack corporate governance standards and provide insufficient business information, requiring investors and regulators to do heavy due diligence work that stops businesses from tapping into additional funding sources, officials said yesterday. Speaking at the opening of a two-day education seminar on corporate governance and transparency, Sou Socheat, director of […]
Read MoreMANILA, Philippines – Business optimism in the Philippines soared to a new high seven-year in the first quarter, ranking as the second strongest among 36 economies worldwide, a new global survey showed. Grant Thornton’s International Business Report revealed business leaders in the country are at their most confident in seven years, with optimism rising to […]
Read MoreResale prices of non-landed private homes rose for the fifth straight month in March to hit a 2½-year high, according to data out yesterday. Flash estimates put SRX Property’s private resale index at 168.8 last month, the highest since September 2014. In other bullish indicators, the number of units sold improved by over 50 per […]
Read MoreThe latest economic data is promising, as it shows that many economies have been gathering growth momentum after the lacklustre performance over the past several years, according to a report by consulting firm Deloitte. But a modest recovery in the global economy is projected to indicate economic stabilisation, but not a sign of robust revival. Many […]
Read MoreWith the interest rate cap of 18 percent in full force for all new and restructured microfinance loans after the National Bank of Cambodia (NBC) issued a populist measure to curb high interest rates, microfinance institutions (MFIs) are starting to give predictions for lower profits this year as the new lending reality takes hold. The […]
Read MoreThailand’s top business group expressed concern Monday about the impact of coming changes in US trade policy under President Donald Trump on Thai exports. Thailand runs a large trade surplus with the United States and Trump last month ordered a study of the causes of US trade deficits. “This is important and could create uncertainty […]
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