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Debt collection nightmare for the debt-free in Vietnam

A local credit firm has received multiple complaints for incessantly calling debt-free people day and night to ask about strangers with outstanding payments. Phan Tuan Khanh, a resident of Ho Chi Minh City, said that since January he had been constantly harassed by phone calls from individuals identifying themselves as employees from FE Credit, a […]

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Singapore: Non-oil exports see 5th month of growth

The export recovery continued to gain steam last month, beating economists’ predictions. Non-oil domestic exports (Nodx) climbed for a fifth straight month, up 16.5 per cent in March from the same period a year ago. Last month’s Nodx was 1.1 per cent lower than February’s, but this still beat economists’ forecast of a much sharper […]

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Indonesia: Government Seeks to Cut Logistic Costs

TEMPO.CO, Jakarta – Coordinating Minister for Maritime Affairs Luhut Binsar Pandjaitan, said that the government will strive to reduce logistic costs in Indonesia. “The dwelling time has now improved, but costs remain high,” Luhut said at his office in Jakarta on Tuesday, April 18, 2017.L Luhut revealed that the government is reviewing each component of logistic […]

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Thailand: Optimism about Q1 growth

Thailand’s economy in the first quarter is expected to have fared better than the 3% growth in the previous quarter, boosted by rising exports, recovering farm prices, improving private consumption and tourism as well as accelerated spending by state agencies and enterprises, says the government’s planning unit. Porametee Vimolsiri, the secretary-general of the National Economic […]

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