MANILA, Philippines — Investments approved by the Philippine Economic Zone Authority (PEZA) may exceed P100 billion this year with expected investments from both new and existing investors. “We might exceed more than P100 billion this year with all the positive responses of our present investors, future investors as well as incoming investors,” PEZA director general […]
Read MoreBangkok Bank (BBL) plans to increase its customer base in the upper-income segment for credit card loans next year to beef up risk management against rising bad loans and swelling household debt. The bank aims to shift its focus to new credit card applicants with a monthly income of 25,000-30,000 baht next year, up from […]
Read MoreCambodia Securities Exchange (CSX) has agreed to renew the “Liquidity Provider” (LP) status of Yuanta Securities (Cambodia) for the common stock Phnom Penh Autonomous Port (PPAP), according to an official announcement yesterday. The statement said the renewal will be valid for two years starting from Dec 21 this year with the exchange noting that Yuanta […]
Read MoreIt takes Vietnam only 20 years to transform from 7% to 14% of the population aged 65 and over. Vietnam, one of the most rapidly aging countries in the world, is estimated to see more than 22 million older persons or 20.4% of the total population by 2050. Currently, the number of older persons is […]
Read MoreThe economy is expected to grow 4% in 2021 after a slump this year and fiscal policy will support a tourism-reliant economy struggling from the impacts of the coronavirus pandemic, the finance minister said on Monday. The economy shrank a less than expected 6.4% in the third quarter from a year earlier after falling 12.1% […]
Read MoreThailand has lost its spot as the most popular cross-border destination for tourists from mainland China, according to a survey by HSBC Holdings Plc, as neighbouring Japan and South Korea moved up the list. “Barring Hong Kong and Macau, Japan and Korea emerged as the top two preferred cross-border destinations,” analyst Parash Jain wrote in […]
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