KUALA LUMPUR: Loan moratoriums and restructuring pose critical risks to the banking systems in Asean including Malaysia and need to be watched going forward, according to Maybank Kim Eng Research. The research house said loan moratoriums and restructurings across Asean have muddied the waters on asset quality risks. “Just 10% of such loans going bad […]
Read MoreA desire for increased security and an acute awareness of current health guidelines has generated an uptick in the use of non-cash payments, according to US multinational financial services corp Visa, as measured in its latest Consumer Payments Attitudes survey. Visa Country Manager for Cambodia Chum Monika said: “While the use of cash still dominates […]
Read MoreThe ASEAN Tourism Association will press for a border reopening scheme among Asean’s 10 member states at the 24th meeting of Asean Tourism Ministries on Thursday. Mingkwan Metmowlee, president of the ASEAN Tourism Association (Aseanta), said the association, which includes the private sector and national tourism organizations (NTOs) of the 10 member states, will call […]
Read MoreThe Ministry of Construction (MOC) has joined forces with a number of ministries and branches to draft a government resolution on solutions to encourage the development of low-cost commercial housing projects. Low-cost commercial housing projects are projects with apartments with an area of less than 70 square meters and selling prices of no more than […]
Read MoreMANILA, Philippines — Term deposit rates continued to ease further amid the liquid environment in the country, according to the Bangko Sentral ng Pilipinas. BSP Deputy Governor Francisco Dakila Jr. said the yield of the seven-day term deposits slipped by 0.626 basis point to 1.6157 percent at the term deposit facility (TDF) yesterday from last […]
Read MoreModern trade sentiment remained downbeat in the fourth quarter last year, falling to a two-year low as operators were concerned about the crisis and the relatively weak purchasing power among local consumers. Thanavath Phonvichai, vice-president of research at the University of the Thai Chamber of Commerce (UTCC), said the modern trade sentiment index stood at […]
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Thailand
