The Thai Bankers’ Association (TBA) is set to ask the central bank for a further easing of requirements for loan-loss provisions after banks offered relief measures to customers affected by the coronavirus crisis. “The TBA will discuss additional measures and regulatory barriers, including additional relaxation of loan-loss provisions, with the Bank of Thailand,” said TBA […]
Read More[KUALA LUMPUR] Malaysia’s January consumer price index (CPI) rose 1.6 per cent from a year earlier, the fastest pace in nearly two years, government data showed on Friday. The annual inflation rate was in line with the pace forecast by economists in a Reuters poll and the fastest since May 2018 when the index increased […]
Read MorePT Mandiri Sekuritas, a subsidiary of state-owned Bank Mandiri, is aiming to further improve its online stock trading platform to attract more retail investors using its brokerage services. With the improved online trading application, called MOST, the company hopes to have 148,000 users by the end of this year or a 25 percent increase from […]
Read MoreBecause of the global tourism market slowdown caused by the Novel Coronavirus Covid-19 and its impact on Cambodia, the Pacific Asia Travel Association Cambodia Chapter (PATACC), which represents about 135 members across the country, has submitted a letter to the government requesting urgent measures. The letter obtained by Khmer Times, reveals the group has requested the […]
Read MoreVietnam is the fastest-growing digital economy in the region, in large part due to investment inflow which is still on an unprecedented rise. Over the last four years, approximately US$1 billion in funding has poured into Vietnam’s e-commerce sector, reaching a record high in 2019. At the same time, the last two years has seen the […]
Read MoreThe Federation of Thai Industries (FTI) forecasts 19 industrial sectors will be affected by the coronavirus outbreak in terms of export volume and logistics systems from Thailand to China. Supant Mongkolsuthree, the FTI’s chairman, said the epidemic has both positive and negative outcomes from a business perspective. “Five sectors can take advantage of this situation […]
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