Veerathai Santiprabhob, Governor of the Bank of Thailand (BOT), and his counterpart, Le Minh Hung, Governor of the State Bank of Vietnam (SBV) signed two Memoranda of Understanding during the bilateral meeting on 5 August 2019 in Hanoi, aiming to promote banking and financial cooperation in the following two critical areas. 1. The MOU on […]
Read MoreThe Bank of Thailand and the Thai Bankers’ Association plan to sign an agreement on five directives for responsible lending, including debt-service ratio (DSR), to take effect from next January. The guidance is aimed at keeping a lid on the country’s swelling household debt, which is a threat to financial stability. The five directives entail […]
Read MoreLocal interest in franchising has grown on the back of the rising number of international retail brands entering Myanmar. While the business can be rewarding and lucrative, it is important to have a complete understanding of the franchise concept and what you’re signing up for. Franchising is a business agreement under which a company that […]
Read MoreASIAN equities had no time to catch their breath on Monday, falling end over end in huge losses as traders anticipated more flare-ups from Washington after China’s yuan slumped to a decade low and stoked fears of rising trade-war pains and the spectre of a currency war. Investors ditched stocks and dashed instead to the […]
Read More[SINGAPORE] The Institute of Policy Studies (IPS) recommends that retirement ages be tied to a dynamic life expectancy measure. Its suggestions come ahead of planned updates from a tripartite workgroup about changing retirement and re-employment ages. The IPS said on Monday (Aug 5) that these ages should be based on health-adjusted life expectancy (Hale), which […]
Read MoreKUALA LUMPUR: Thai entrepreneurs from various industries are seeking business collaborations and networking with Sabahan and Sarawakian entrepreneurs through the upcoming Bridging Trade and Investment Relations between Thailand and East Malaysia trade forum. Ambassador of Thailand to Malaysia Narong Sasitorn said the forum,set for Aug 21 in Kota Kinabalu and Aug 23 in Kuching,would portray […]
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