Indonesia’s largest bank by assets, state-owned Bank Mandiri, has allocated less cash than it did last year to meet consumer demand to draw from deposit accounts that is expected to peak during the Christmas and New Year’s Eve holidays. The managing director of consumer and retail transactions, Hery Gunardi, said on Monday that Bank Mandiri […]
Read MoreEuropean companies in Myanmar have a positive outlook regarding their business in terms of services provided, market share, profits and overall business activities in the country, the EuroCham Myanmar Business Confidence Survey 2019 showed. A total of 74 companies participated in the survey, which was released last week, and shared their business projections and sentiment […]
Read MoreMANILA, Philippines — Remittances from overseas Filipino workers (OFWs) recorded the fastest growth in 12 months in October, the Bangko Sentral ng Pilipinas reported yesterday. According to BSP data, personal remittances increased by 7.7 percent, the fastest since the eight percent growth in October last year, to hit a 10-month high of $2.97 billion in […]
Read MoreHoteliers in Koh Samui are suffering from oversupply, dragging down the occupancy rate. The occupancy rate on the island during the final quarter this year, as of Dec 20, has plunged to 30% from 50% in the same period of 2018, said Vorasit Pongkumpunt, president of the Tourism Association of Koh Samui. During the last […]
Read MoreA representative from the Cambodia Rice Federation (CRF) has called on financial institutions to review the interest rate for agriculture in order to boost competitiveness, productivity and bolster the growth of this sector. The call was made at the 6th Annual NBC Macroeconomic Conference on the Agriculture Sector in a Rapid Structural Transformation and Uncertain […]
Read MoreThe Hanoitimes – In addition to being positive on cross-border investment, 62% of respondents in Vietnam expect to increase their domestic investment in the next 12 months, higher than other economies such as China, Japan and Singapore. Among Asia-Pacific Economic Cooperation (APEC) business leaders with a footprint in Vietnam, 44% plan to increase investment in the […]
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Thailand
