KUALA LUMPUR: Repayment assistance will remain available this year and into 2021 for borrowers whose incomes have been affected by the Covid-19 pandemic. In a statement, Bank Negara said borrowers facing challenges have generally requested for reductions in monthly repayment installments or an extension of the moratorium, depending on circumstances. “Borrowers who have declined repayment […]
Read MoreMANILA, Philippines — The Philippines is finally requiring all catcher vessels to have a monitoring system as it intensifies measures against illegal, unreported, and unregulated fishing (IUUF) in the country’s marine grounds. The Department of Agriculture recently issued Fissheries Administrative Order 260 which requires all Philippine catcher vessels to install vessel monitoring measures (VMM) and […]
Read MoreDespite the slow recovery of retail property in the last quarters of the year, remarkable recovery is expected from 2021. According to the third-quarter report on the real estate market of Savills Vietnam, the total stock of approximately 1.6 million square metres was stable on-quarter and up 5 per cent on-year. Over the past five […]
Read MoreMANILA, Philippines — The central bank is allowing banks to lend more funds to the property sector, another step meant to give banks more firepower to lend, this time to one of the Philippines’ booming sectors, but seen unlikely to spur demand for loans. In a Viber message to reporters on Thursday, Benjamin Diokno, governor […]
Read MoreThe Hanoitimes – The central bank suggested the move is necessary to ensure efficiency of existing preferential rates policy for customers amid the Covid-19 pandemic. The State Bank of Vietnam (SBV), the country’ s central bank, has delayed the roadmap for reducing the ratio of short-term capital for medium- and long-term loans at banks for one […]
Read MoreDomestic car sales shrank for a 14th straight month in July, dropping 24.8% from a year earlier to 59,335 vehicles as the coronavirus outbreak crushed demand, the Federation of Thai Industries said on Thursday. But sales rose 2.28% from June, helped by easing virus restrictions and Bangkok’s international motor show, the FTI said. In June, […]
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