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Malaysia favoured expansion destination for Asean, Stanchart survey shows

KUALA LUMPUR: Malaysia is a favoured expansion destination for Asean companies looking for growth opportunities in Asean, according to Standard Chartered’s (StanChart) latest survey. In its Borderless Business: Intra-Asean Corridor, a strategic report that explores high-potential opportunities for cross-border growth within the region, StanChart said 49 per cent of survey respondents selected Malaysia as one […]

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Thailand: Firms urge extra relief

Business leaders have called on the government to come up with additional relief measures to ease the plight of people affected by the expanded lockdown measures which will take effect on Tuesday. The government will extend the existing curfew and other tight restrictions in Greater Bangkok and the four southern border provinces until at least […]

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Malaysia: Banks in for higher earnings

PETALING JAYA: Higher earnings are envisaged in the banking sector this year compared with last year, albeit some pressure in the second half, underpinned by the gradual opening of more economic sectors and improved vaccination rates among the populace. Analysts said the net interest margin (NIM) for the sector would likely improve, with the key […]

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Philippines: BPI not interested in foreign partner

MANILA, Philippines — Ayala-led Bank of the Philippine Islands (BPI) has no plans to take in a foreign strategic partner and tap the debt or capital markets for additional funding this year. BPI president and chief executive officer Jose Teodoro “TG” Limcaoco told The STAR the bank has no plans to enter into a strategic […]

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