The insurance regulator is being urged to reconsider the ceiling on brokerage commission fees for motor insurance in order to accommodate existing market conditions, as the motor insurance segment has posted losses for five straight years. Kheedhej Anansiriprapha, executive director of the Thai General Insurance Association (TGIA), said the net loss ratio for motor insurance […]
Read MoreMANILA, Philippines — While the Philippines could see a spike in nickel prices when it is able capitalize on Indonesia’s nickel ore ban, the government is unsure if the local sector will be able to meet the demand for high grade ore. In an interview, Mines and Geosciences Bureau (MGB) director Wilfredo Moncano told reporters […]
Read MorePETALING JAYA: Expensive property prices continue to put a heavy burden on the lower income group, placing homeowners with high mortgages among the most vulnerable to potential financial shocks. Bank Negara, in its half-year financial stability review, said while the share of household debt held by borrowers earning less than RM3,000 per month has declined, […]
Read MoreYangon is planning to build a logistics hub and truck terminal in the outskirts of the city to ease traffic congestion and provide enough parking space for trucks, said Yangon Region Planning and Finance Minister U Myint Thaung at the regional parliament. He was responding to U Kyaw Min Han, MP from Latha township, who […]
Read MoreSMALL and medium enterprises (SMEs) may be among the main beneficiaries of Malaysia’s Budget 2020, to be tabled on Oct 11, said analysts, as Finance Minister Lim Guan Eng has foreshadowed upcoming contingency measures to insulate the country from the fallout from the trade war between the United States and China. More government infrastructure projects may […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) said it would further lower the reserve requirement ratio (RRR) by another 100 basis points as it is unlikely to step on the brake pedal for its easing cycle even after the attacks on the oil production facilities in Saudi Arabia. BSP Governor Benjamin Diokno told […]
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Thailand
