No new loans extended by the Small and Medium Enterprise Development Bank of Thailand (SME Bank) have turned sour year-to-date, and the state-owned bank’s bad loan ratio is expected to continue to fall to 17% at year-end. None of the bank’s new loan borrowers have failed to repay their debt since the beginning of the […]
Read MoreTourist arrivals rose to 14.3 million during the first five months of this year, an increase of 2.7% year-on-year, according to the Tourism Authority of Thailand. TAT governor Yuthasak Supasorn said an improved tourism image was a factor supporting the growth visitor numbers, coupled with the new flight connections with countries such as Russia, Scandinavia […]
Read MoreKUALA LUMPUR — Malaysia’s industrial production in April rose 4.2% from a year earlier, government data showed on Friday, supported by strong growth in the manufacturing and food and beverage sectors. However, output growth for April was below a 4.8% annual rise forecast by a Reuters poll and slower than the 4.6% increase in March. […]
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Thailand
