Despite a credit slowdown in the first half of 2020, some private commercial banks have still asked the State Bank of Vietnam (SBV) for a credit growth expansion to prepare for a peak lending season expected at the end of the year. According to the SBV’s policy, it assigns an annual credit growth quota for […]
Read MoreInflation figures INFLATION is in focus during this relative light week for economic data. The Statistics Department is expected to announce the August consumer price index (CPI) on Wednesday. Economists said the CPI data is likely to show continued negative inflation. In July, the country’s CPI declined 1.3% to 119.9 from 121.5 in the same […]
Read MoreThe Federation of Thai Industries (FTI) this Wednesday will ask the Center for Economic Situation Administration to approve its nine-point proposal aimed at using taxation tools and other relief packages to help businesses and employees get through the crisis. Five of the nine measures involve tax reduction or tax breaks for businesses afflicted by the […]
Read MoreThe Finance Ministry predicts the 51-billion-baht cash handout to cover one-third of the population, aiming to sustain private consumption in the final quarter. The scheme will cover 24 million people in total, with 14 million holders of state welfare cards and the remainder individuals aged 18 and up, said Lavaron Sangsnit, director-general of the Fiscal […]
Read More[KUALA LUMPUR] Malaysia’s aim to attract medical tourists by focusing on curbing the coronavirus outbreak hit a roadblock as resurgences around the world limited its ability to reopen borders. Hospitals in the country can expect to earn RM800 million (S$263.1 million) of revenue from medical tourists next year, compared with RM500 million this year, according […]
Read MoreThe Kingdom’s export to the international market is under threat although the country has secured regional and global free trade agreements, according to the Ministry of Commerce (MOC). The MOC revealed this in a meeting this week to review the country’s goods export under the regional and bilateral framework to take advantage of the existing […]
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Thailand
