Page 4 – ASEAN Economic Community Strategy Center

SCGP inks partnership in Vietnam

SCG Packaging (SCGP) is joining hands with its Vietnamese partners under a 10-billion-baht investment to expand its packaging solution business in Vietnam, where demand for packaging products is growing. The latest move is the signing of a share purchase agreement yesterday to acquire a 70% stake in Duy Tan Plastics Manufacturing Corporation, Vietnam’s top producer […]

Philippines: Banks’ NPL ratio eases to 3.61% in December

MANILA, Philippines — The gross non-performing loan (NPL) ratio of Philippine banks eased to 3.61 percent in December after accelerating for 11 straight months in 2020, according to the Bangko Sentral ng Pilipinas (BSP). The latest NPL level was lower than the 3.78 percent recorded in November, but higher than the 2.04 percent recorded in […]

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SCGP inks partnership in Vietnam

Philippines: Banks’ NPL ratio eases to 3.61% in December