EXPORT-oriented economies in South-east Asia could take longer to recover from the coronavirus-led slowdown, compared with those with lower exposure to the impact of the global recession, a report from Morgan Stanley suggests. This means that economies like Thailand, Malaysia and Singapore may have to wait until the first quarter of 2021 to recover, the […]
Read MoreMANILA, Philippines — Bank lending grew in March as easing moves by the Bangko Sentral ng Pilipinas (BSP) to stimulate demand and soften the impact of the coronavirus disease-2019 (COVID-19) outbreak on the economy make their way through the country’s financial system. Central bank data released Tuesday showed outstanding loans by big banks, net of reverse […]
Read MoreIndustry insiders say digitalisation has played an important role in real estate business transactions as it struggles under the Coronavirus pandemic. Speaking during a webinar series hosted by realestate.com.kh, Chandy Mann, country head of Juwai IQI Cambodia, said Coronavirus will provide lessons in new ways of doing business, especially in the in real estate market. He […]
Read MoreKUALA LUMPUR, May 12 — To help kickstart the economy, the Malaysian government should consider certain unorthodox measures such as bringing back the Goods and Services Tax (GST) as well as reduce the excise duty on cigarettes. Datuk Abdul Aziz Abu Bakar, president of the Malaysian Association of Tax Accountants (MATA) said this is to […]
Read MoreA number of high-profile international organisations including the Asian Development Bank (ADB), the World Bank, and the International Monetary Fund (IMF), and Standard Chartered have released forecasts that Vietnam will succeed in controlling inflation in 2020, at below 4 per cent as planned by the National Assembly late last year. “Especially, the success may come […]
Read MoreMANILA, Philippines — Restarting a “new economy” that is safer, better, and more technology-savvy is more important than achieving the much-coveted A-scale credit rating and upper middle income status, according to the Bangko Sentral ng Pilipinas. BSP Governor Benjamin Diokno said monetary and fiscal authorities are putting more emphasis on softening the blow and preventing […]
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Thailand
