indo01
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Moody’s stress test shows India, Indonesia most vulnerable

KUALA LUMPUR: Banks in India and Indonesia are most prone to a deterioration in corporate debt repayment capacity, followed by banks in Singapore, Malaysia and China, according to Moody’s Investors Service stress test. The stress test was based on an assumption of a 25% decline in earnings before interest, tax, depreciation and amortistion (Ebitda), according […]

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th01
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Thailand: BoT optimistic about Q3 growth on tourism, stimulus

Thailand’s economic growth in the third quarter is likely to improve from the second quarter’s reading, mainly thanks to positive tourism growth and the government’s economic stimulus measures, says the Bank of Thailand. “GDP growth in the third quarter is expected to exceed the 2.3% year-on-year figure in the second quarter, supported by the government’s […]

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