Given abundant liquidity and low demand for credit, banks are offering attractive loans during the year-end period. Many banks in Vietnam are offering loans with low interest rates in an attempt to meet their respective year-end credit goals amid a lack of demand for capital during the Covid-19 crisis. To aid enterprises resuming operation in […]
Read MoreKUALA LUMPUR: The World Bank has suggested the government look into a fiscal policy that strives towards raising revenue and enhancing spending efficiency. In terms of revenue, the government may consider strategies that prioritise increasing the progressivity of the personal income tax framework, it said. The World Bank said the government could look into removing […]
Read MoreSINGAPORE’S resident employment staged a strong rebound in the third quarter of 2020, lifting resident employment levels to near pre-pandemic levels, Ministry of Manpower (MOM) officials said on Thursday as they expressed “cautious optimism” about the labour market. Resident employment jumped 43,200 to 2.34 million in September, which is just a notch below September 2019 […]
Read MoreThe government should extend the property tax incentives that expire on Dec 24, temporarily revoking the lending curbs to provide a longer visa for foreign buyers, which would support the housing market in 2021, say three real estate associations. Chaiyarat Thampeera, a director of the Thai Condominium Association, said the government should offer incentives to […]
Read MoreBENGALURU: The Thai baht jumped to a more than seven-year high and breached a major resistance level on Thursday, as investors bet the country’s inclusion on a U.S. currency watch list might weaken the central bank’s determination to slow the currency’s gains. The baht firmed 0.6% to 29.83 per U.S. dollar. Thai exporters last week […]
Read MoreExport revenue in 2020 is estimated to reach $267 billion while imports are to reach $260 billion, resulting in a trade surplus of some $7 billion, according to Deputy Minister of Industry and Trade Do Thang Hai. Amid the impact of COVID-19, exports still rose 1 percent and were a bright spot and key foundation […]
Read More
Thailand
