KUALA LUMPUR, May 20 — Banks saw their yearly loan growth shrunk 5.2 per cent in April with personal loans accounted for the sharpest decline at -18.2 percentage points year-on-year, official figures released today showed. Slightly over RM107 billion in loans were approved within that period, a record low to culminate in an already slowing […]
Read MoreThe Myanmar livestock sector is among the sectors impacted as a result of COVID-19, according to results of a Myanmar Livestock Federation survey released May 18. The survey involved more than 300 livestock businesses across Myanmar. Based on the feedback, the three main challenges faced by the sector are declining livestock prices, a surplus of […]
Read MoreKasikornbank is doubling the number of foreign-denominated currencies to 12 in KBank’s international money transfer service via mobile banking app K Plus, covering 30 countries. The country’s biggest mobile banking app by users will be able to send money to countries across the world by year-end, said senior executive vice-president Silawat Santivisat. The 12 currencies […]
Read MoreThe Hanoitimes – The tourism industry prepares for welcoming visitors from countries and territories which have contained the disease. Besides focusing on domestic tourism, Vietnam’s travel industry prepares for re-opening to international tourists by easing immigration procedures and normalizing air travel services as the country has gradually tame the outbreak of the coronavirus, according to The Saigon […]
Read MoreMANILA, Philippines — Emerging Asia economies are likely to recover faster from the pandemic compared with other regions in the world, said London-based think tank Capital Economics. In a new report, the research firm said while most economies in the region would contract by 10 to 20 percent in the first half of the year, […]
Read MoreThe Commerce Ministry has registered a domain for Thai farm and food products, TraceThai.com, with local organic rice chosen as the pilot product given its high value, strong market demand and export potential. Pimchanok Vonkorpon, director-general of the Trade Policy and Strategy Office under the Commerce Ministry, said the registration is part of an ongoing […]
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