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Thailand: BoT opens up Debt Clinic services to more borrowers

The Bank of Thailand has eased the conditions of the Debt Clinic’s unsecured loan restructuring programme to let more borrowers apply for debt solutions, with additional restructuring options. The new conditions became effective on Sept 8. According to the central bank’s announcement, it is allowing borrowers who were classified as non-performing loan (NPL) clients of financial […]

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Survey: Philippines needs 2 yrs to recover

MORE business leaders believe that the Philippine economy still needs over two years to recover from the impact of Covid-19, a new PwC Philippines and Management Association of the Philippines (MAP) of chief executive officers (CEOs) survey revealed. The PwC MAP 2022 Philippine CEO survey that follows the conference theme “The Wins of Change: Thriving in a World of In-Betweens” […]

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KUALA LUMPUR, 14 Nov -- Menteri Kewangan Tengku Datuk Seri Zafrul Abdul Aziz pada sidang media mengenai Belanjawan 2021 di Wisma Bernama hari ini. -- fotoBERNAMA (2020) HAK CIPTA TERPELIHARA   KUALA LUMPUR, Nov 14 -- Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz during press conference regarding of Budget 2021 at Wisma Bernama today. -- fotoBERNAMA (2020) COPY RIGHTS RESERVED
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Malaysia: Interest rates to be hiked gradually

KUALA LUMPUR: Interest rates in Malaysia or the overnight policy rate (OPR) will be increased at a gradual pace as there are “side effects” to hiking them too aggressively, says Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz (pic). “Our economy was growing strongly in the first half of the year at 6.9% and so […]

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