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Exim Thailand looks to lead CLMV push

Export-Import Bank of Thailand (Exim Thailand) aims for 9% lending growth this year, with a focus on small and medium-sized enterprises (SMEs) and outbound investment in Cambodia, Laos, Myanmar and Vietnam (CLMV). Should the target hold true, the bank’s outstanding loans will reach 100 billion baht this year, said president Pisit Serewiwattana. The bank’s total […]

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Vietnam scores low in global economic freedom ranking

The Hanoitimes – Vietnam’s economic freedom score stands at 53.1, making its economy the 141st freest in the Heritage Foundation’s 2018 Index of Economic Freedom report. Vietnam is ranked 35th among 43 countries in the Asia–Pacific region, with its overall score below the regional and world averages. Its overall score has increased by a mere 0.7 […]

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Report: Wealth gap in the Philippines widens from 2012-2014

MANILA, Philippines — Income inequality in the Philippines grew over the two years to 2014, according to a new report from Oxfam International. According to Oxfam, the Philippines’ Gini coefficient—a standard measure of income inequality from 0 to 1, with 0 representing total income equality—rose near 0.60 level in 2014 after settling above 0.40 in 2012. Oxfam […]

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Philippines foreign reserves down slightly in Jan

THE Philippines’ gross international reserves (GIR) marginally declined in January with the Bangko Sentral ng Pilipinas (BSP) attributing the drop to its foreign exchange operations and national government’s foreign debt payments. Central bank data released on Thursday showed the country’s foreign exchange reserves at $81.205 billion, down 0.44 percent from December and the $81.376 billion […]

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