Regional and provincial economic activities have been picking up after the country’s reopening and the positive momentum is expected to be carried on in the remaining period of this year, says an executive at the Bank of Thailand (BoT). After the government announced the reopening of the country from Nov 1, the economy overall — […]
Read More[KUALA LUMPUR] Malaysia’s economy shrank 4.5 per cent in the third quarter, losing its second quarter bounce, data released on Friday (Nov 12) showed, but the central bank expected a quick recovery as coronavirus restrictions are eased and economic activities resume. The contraction was markedly worse than the median forecast for a 1.3 per cent contraction from […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) will take into consideration the stronger-than-expected economic expansion in the third quarter and the robust growth of both imports and exports when it reviews targets for 2021 and 2022 next month. In his weekly virtual press conference, BSP Governor Benjamin Diokno said the central bank’s Monetary […]
Read MoreE-wallet channel maintains strong growth in the coming time. Vietnamese consumers will likely shop online more next year with more than half of the people saying they would do so when being surveyed by YouGov, an online market research firm. At the webinar “How Covid-19 changed personal finance in Vietnam?” on November 11, Thue Quist […]
Read MoreTEMPO.CO, Jakarta – The Financial Services Authority (OJK) chairman Wimboh Santoso said the loan value disbursed by financial technology (fintech) lending or peer-to-peer or P2P lending has skyrocketed. “P2P lending recorded an outstanding financing of Rp27.48 trillion in September 2021, or grew by 116.2 percent year on year (yoy),” said Wimboh at a press conference of the Financial […]
Read MoreBilateral trade between Cambodia and Singapore totalled $4.37 billion in the first 10 months of 2021, a 51.27 per cent year-on-year surge from $2.89 billion, as reported by the Ministry of Commerce, despite Covid-related disruptions to manufacturing supply chains. In January-October, Cambodian exports to Singapore amounted to more than $112 million, marking a 95.47 per […]
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