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Thailand: Bright future for digital loans

Economic doldrums related to the pandemic have prompted a surge in demand for digital loans in several forms, including nano-finance products offered both by banks and non-bank companies. Line BK, a social banking collaboration in Thailand between Kasikornbank (KBank) and Line Corporation, reported that personal digital loans increased to 6 billion baht in the first […]

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Philippines: Monetary policy to remain accommodative

MANILA, Philippines — The generous monetary support unleashed by central banks around the world, including the Bangko Sentral ng Pilipinas (BSP), is expected to remain in place to support the global economy from the pandemic-induced recession, according to Moody’s Analytics. In its latest global outlook titled “Recovery fraught with risk,” Moody’s Analytics senior economist for […]

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Indonesia’s export value hits record in 10 years

Jakarta (VNA) – Indonesia’s export value hit 18.35 billion USD in March, the highest level since the 18.64 billion USD posted in August 2011, according to the Statistics Indonesia (BPS). The March’s figure represented rises of 20.31 percent and 30.47 percent month-on- month and year-on-year, respectively. BPS’ leader Kecuk Suhariyanto said at an online press conference that the […]

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