The Hanoitimes – Fitch analysts were upbeat about continued strong economic growth in Vietnam, which makes near-term stress unlikely and underpins their stable outlook for the banking sector. The State Bank of Vietnam’s decision to offer some banks forbearance on Basel II implementation highlights weak capitalization in the sector, with many banks in no position to […]
Read MoreThe use of free trade agreement (FTA) privileges and the Generalised System of Preferences (GSP) by Thai exporters dropped by 2.95% in the first 10 months of the year to US$60.3 billion. Keerati Rushchano, the department’s director-general, said lower values were in line with the overall export outlook, which was marred by weak global demand, […]
Read MoreMANILA, Philippines — The government settled P25.2 billion in debt last October as both interest payments and amortization declined year-on-year, according to the Bureau of the Treasury (BTr). According to the latest data from the Treasury, the national government’s debt payments dropped by 13.63 to P25.2 billion last October from P29.18 billion in the same […]
Read MoreThe Finance Ministry is poised to propose to the cabinet an assistance package for small and medium-sized enterprises (SMEs) and credit cardholders early next year as part of its effort to keep a lid on bad loans and help ease the liquidity squeeze. A working panel chaired by Finance Minister Uttama Savanayana plans to discuss […]
Read MoreSurpassing several of its Southeast Asian peers in the latest global power ranking, Vietnam proves key player on world stage. Vietnam ascended two spots from last year to 32nd out of 80 economies in the 2019 power ranking released by multi-platform publisher U.S. News and World Report. Listing is based on an equally weighted scores […]
Read MorePrime Minister Hun Sen has vowed to clamp down on all online and arcade gambling operations in a move to safeguard national security and curb money laundering in the Kingdom. Speaking at an opening of the Sea Festival in Kampot province on Saturday, Mr Hun Sen said that the Kingdom will face issues of national […]
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Thailand
