KUALA LUMPUR: There was a significant increase in retail participation in the equity market, which saw retail investors buying a total of RM113.1bil worth of listed shares in the first half of 2020. Bank Negara said its surveillance indicated that the surge in retail participation has not been funded by borrowings. Loans disbursed and outstanding […]
Read MoreSINGAPORE and Hong Kong have reached an in-principle agreement to establish a bilateral air travel bubble (ATB), where travellers will not be subject to any quarantine or stay-home notice requirements, or a controlled itinerary. The in-principle agreement, confirmed by Singapore’s Transport Ministry in a press statement on Thursday, was reached during a videoconference on Wednesday between […]
Read MoreFactory activity in Indonesia showed signs of improvement in the third quarter after recording the deepest slump ever in the previous quarter, as the reopening of the economy jacked up output and new orders, according to a Bank Indonesia (BI) survey. BI’s Prompt Manufacturing Index (PMI-BI) was recorded at 44.91 percent in the third quarter, […]
Read MoreFinance Minister Arkhom Termpittayapaisith has instructed ministry departments to devise measures to tackle unemployment and propel the economic recovery in preparation for a full reopening of Thailand’s economy. “Businesses without money cannot hire people, therefore one of the measures to tackle unemployment is to maintain existing employment. The government can support these businesses by offering […]
Read MoreMANILA, Philippines — Strong inflows from foreign direct investments (FDIs) as well as a small contraction of remittances from overseas Filipino workers (OFWs), coupled with a sharp drop in import payments may result in record high foreign exchange buffers until next year, according to the Bangko Sentral ng Pilipinas. BSP Governor Benjamin Diokno said the […]
Read MorePETALING JAYA: The automatic loan moratorium provided many households with immediate temporary financial relief, particularly those who had lost their jobs and were experiencing income declines. “At its peak, close to 90% of household borrowers with about 87% of outstanding household loans in the banking system, were under the moratorium as most borrowers elected to […]
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Thailand
