MANILA, Philippines — The exposure of Philippine banks in the volatile real estate sector picked up in June after eight consecutive quarters of month-on-month declines, but remained below the 20 percent threshold, according to the Bangko Sentral ng Pilipinas (BSP). The central bank said the share of real estate loans to the industry’s total loan […]
Read MoreSINGAPOREANS believe overall or headline inflation will rise slightly to 3.2 per cent over the next 12 months. This is up from the 2.9 per cent predicted rate polled in the previous quarter, under the Singapore Index of Inflation Expectations by the Singapore Management University (SMU) and DBS Group Research. Meanwhile, respondents expect core inflation […]
Read MoreThree years after its inception, Central Pattana Plc (CPN) has seen its CPNlead programme provide training and support to 120 businesses, giving them a chance to sell products at CPN stores. CPN partnered with Thammasat University to develop an intensive retail course with opportunities for entrepreneurs to test the market and expand their business. CPN […]
Read MoreThe Hanoitimes – In addition to Vietnam, there are four others economies from the Southeast Asian region named in the list, including Indonesia, the Philippines, Malaysia and Thailand. Vietnam has been named among Bloomberg’s list of top 20 drivers of global growth in 2019. The country, however, is projected to remain outside the 2024 list. The […]
Read MoreKUALA LUMPUR: Malaysia moved up in the 2019 Melbourne Mercer Global Pension Index to C+ from C as pension assets increase and individuals feel wealthier, hence they are likely to borrow more. Malaysia achieved an index of 60.6 surpassing the average global index of 59.3. The country currently ranks 16th in the index just behind […]
Read MoreWASHINGTON: Huge global capital flows and prolonged ultra-low interest rate policies of advanced nations have made it harder for emerging economies to protect their financial system, Bank of Thailand Governor Veerathai Santiprabhob said on Sunday. Given a surge in the past decade of capital flows driven by global investors seeking “speculative returns,” emerging economies have […]
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