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Thailand: BoT loan schemes hit B300bn over 2 years

Loan extension under the Bank of Thailand’s soft loan and recovery loan schemes for businesses affected by the pandemic has reached 300 billion baht since the launch of the programme in April 2020. For the overall banking sector, loan growth was sluggish in the first quarter as a result of the impact of the Omicron […]

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Vietnam: New policies effective from May 2022

From May 2022, many new policies take effect such as additional cases of free use of radiofrequency, limiting the maximum duration of vocational training schools and college education to 4.5 years. Additional cases of free use of radiofrequency   The Circular 11/2022/TT-BTC which is valid from May 1, 2022, stated the additional case of free use […]

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Philippines: Factory output hits 4-year high

MANILA, Philippines — The Philippine manufacturing sector continued to bounce back in April, hitting the highest rate for more than four years as conditions improved with declining COVID cases and lifting of restrictions. New York-based intelligence firm S&P Global said the Philippines’ headline purchasing managers’ index (PMI) rose to 54.3 in April from 53.2 in […]

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