Road Transport Administration Department (RTAD) announced that it will ease fines and other fees for overdue or expired vehicle licenses and driver’s licenses since the operations of the department have been suspended during the pandemic. The department will relax initial registration, overdue fines, and extension of vehicle licenses and driver’s licenses during the suspension of […]
Read MoreMANILA (XINHUA) – The Philippines’ total external trade in goods declined 9.2 per cent in September from a year earlier to USD14.14 billion, the Philippine Statistics Authority (PSA) said yesterday. This was lower than its previous month’s annual drop of 17.9 per cent and higher than the 3.5 per cent drop in September 2019, the […]
Read MoreThe government would continue to hold majority stakes at state-owned commercial banks, and maintain presence in companies operating in fields that are essential to the economy. The Vietnamese government has issued a resolution urging economic corporations and state-owned enterprises (SOEs) to prevent interest groups from profiteering during their processes of privatization and divestment of state […]
Read MoreThe Finance Ministry has submitted information to the Economic Crime Suppression Division (ECD) for an investigation into three stores that could be in breach of the government’s co-payment scheme conditions. The information is intended to be used as additional evidence for legal prosecution, said Pornchai Theeravet, deputy spokesman of the Finance Ministry and adviser on […]
Read MoreSINGAPORE banks posted lower profits for the third quarter of this year from a year ago, as the trio continued to bulk up provisions to cushion against bad loans as a result of the Covid-19 crisis. While staying cautious, they point to a recovery in business momentum as regional economies emerge from lockdowns, and note […]
Read MoreThe Small and Medium Enterprise (SME) Bank of Cambodia will commence banking operations today. It is on the corner of Street 51 (Pasteur) Street 126 (Prey Nokor), Phsar Thmei Ti Muoy, Commune, Daun Penh District, in Phnom Penh. As a state-owned policy bank, it aspires to be consistent and has aligned itself with the strategic […]
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Thailand
