BANK lending in Singapore in February gained from the month before at the strongest pace since November 2013, preliminary data from the Monetary Authority of Singapore on Friday showed. Bank lending grew 1.7 per cent in February 2017 from a month ago, compared to the flat growth in January. Loans through the domestic banking unit […]
Read MoreThe state-owned enterprise that operates Cambodia’s only deep-sea port is aiming to raise $27 million by floating a 25 percent stake on the Kingdom’s stock market, a company executive said yesterday. The initial public offering (IPO), to be held following a six-day bookbuild in late April, could end up being the largest public offering on […]
Read MoreThe stronger baht may tame the pace of the export recovery and make Deputy Prime Minister Somkid Jatusripitak’s 5% growth target hard to achieve, shippers say. “Mr Somkid has an ambitious hope of 5% growth, but in reality we might see only a 1.5-2% expansion this year,” said Nopporn Thepsithar, president of the Thai National […]
Read MoreMyanmar’s new government, one year on. Interview with Aye Thiha from the American Chamber. For the private sector, dialogue with the new government has not translated into concrete actions. Foreign direct investment has dropped; various industries, such as the construction and real estate sector, have had a hard time; the ill-drafted foreigner laws prompted a […]
Read MoreMANILA, Philippines – Debt watchers Fitch Ratings and S&P Global Ratings raised the Philippines’ gross domestic product growth forecast over the next two years after a stronger-than-expected performance last year. Fitch expects the economy to sustain its strong growth momentum, raising the GDP growth forecast to 6.8 percent and 6.7 percent in 2017 and 2018, […]
Read MoreHANOI — Vietnam reported a trade deficit of US$1.9 billion in the first quarter (Q1) of this year, the General Statistics Office (GSO) announced on Wednesday. During the first three months of 2017, total export value grew 12.8 per cent to $43.7 billion compared to the same period last year, while the total import value […]
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Thailand
