[SINGAPORE] Singapore banks’ loan growth will slow to 1.5 per cent in 2020, down from 3.1 per cent last year, given the stiff economic headwinds facing Singapore from the coronavirus (Covid-19) outbreak, Fitch Solutions Macro Research forecast in a report released on Friday. The likelihood of a more pronounced slowdown is likely to weigh on […]
Read MoreTourism officials are again proposing visa-free entry for Chinese citizens as part of a tourism revival scheme, following an estimation by the central bank that the economy may grow by less than 2% this year as a result of the coronavirus outbreak. Tourism and Sports Minister Phiphat Ratchakitprakarn said the number of international tourist arrivals […]
Read MoreMANILA, Philippines — Taxes collected by the Bureau of Internal Revenue (BIR) through its electronic channels jumped by almost two-fold to P1.2 billion in 2019 following the launch of an online facility linked to the central bank’s PESONet, the Department of Finance (DOF) said yesterday. Citing the latest data from the BIR, the DOF said […]
Read MoreThe Hanoitimes – A majority of support from members of the EP in a voting for EVFTA and EVIPA ratification showed the EU’s confidence in the country’s reform process, said the head EU envoy to Vietnam. Once the EU – Vietnam Free Trade Agreement (EVFTA) and the EU – Vietnam Investment Protection Agreement (EVIPA) become effective, […]
Read MoreThe $15 billion bilateral trade target between Cambodia and Thailand set for this year will not be reached, but senior officials say they are happy so far. Trade between the two countries grow by 12 percent in 2019 to $9.4 billion, increasing from $5 billion in 2015, when the leaders of the two countries agreed […]
Read MoreKUALA LUMPUR: The proposed economic stimulus is expected to contain specific relief packages for tourism-related industries such as aviation, hotel and leisure, travel as well as retail industries. Sunway University Business School economics professor Dr Yeah Kim Leng said the package would also include fiscal incentives to stimulate demand in other affected industries and additional […]
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Thailand
