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Thailand – Moody’s: New BoT rules rate as credit-positive

The Bank of Thailand’s new rules to tighten mortgage lending are credit-positive to reduce property speculation, says Moody’s Investors Service.  “The new mortgage-lending rules are credit-positive because they will help to reduce speculative buying and require banks to focus on borrowers with better credit quality,” said Moody’s.  “We expect the measures to improve the asset […]

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Cambodia’s condo-ridden housing crisis

In January 2018, Chinese Premier Li Keqiang visited Cambodia and oversaw the signing of 19 new development deals. The deals were announced just a few weeks after Chinese firms pledged to invest an additional US$7 billion in Cambodia, including for a highway construction project that will connect the capital city of Phnom Penh with the country’s main port […]

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