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Singapore bank lending up 0.7% in January: MAS data

SINGAPORE’S bank lending rose for the third straight month in January on higher loans to businesses, data from the Monetary Authority of Singapore (MAS) showed on Monday. Loans through the domestic banking unit – which captures lending in all currencies, but reflects mainly Singapore-dollar lending – climbed 0.7 per cent to S$683.59 billion in January, […]

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Malaysia: M&A uptrend

PETALING JAYA: The pace of mergers and acquisitions (M&As) in Malaysia, which has been affected by the Covid-19 pandemic, is expected to gain momentum going into the second half of the year. According to experts from professional services firms, the positive momentum is expected to be supported by low interest rates, accommodating capital markets and […]

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Thailand: Cross-border trade to grow up to 6%

Thailand’s cross-border trade is expected to recover to growth of 3-6% this year, helped by Covid-19 vaccine distribution and the global economic recovery. According to Keerati Rushchano, director-general of the Foreign Trade Department, cross-border trade, which includes transit trade, is likely to generate 1.36 to 1.40 trillion baht, up from 1.31 trillion baht in 2020. […]

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Cambodia: Kampot border market to break ground in 2021

Cambodia expects to break ground on a second frontier “model market” by the end of this year, this time near the Prek Chak International Border Checkpoint that links Kampot province to Vietnam’s Kien Giang province, according to Minister of Commerce Pan Sorasak. Sorasak unveiled plans for the market following a February 27 inspection of its […]

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