Bad debts always come hand in hand with business activities of all commercial banks. The rise in bad debts in the post-pandemic period is still not under control but has now been offset by recent adverse market movements. It seems that the pressure on banks to handle bad debts will become heavier when the loans […]
Read MoreTHE Philippine Exporters Confederation Inc. (Philexport) is optimistic that the country’s export industry can achieve its growth target of nearly $120 billion to $130 billion from exports of goods and services in the next five years. In a statement, Sergio Ortiz Luis Jr., Philexport president and Export Development Council (EDC) chairman underscored Philexport’s thrust to […]
Read MoreMost of the listed commercial banks in the country recorded a sharp increase in the loan/deposit ratio (LDR) at the end of the third quarter of 2022 compared to last year. According to the State Bank of Vietnam (SBV), credit growth reached 11.5 per cent by the end of October 2022. By the end of […]
Read MoreThe relationship between Cambodia and China is set to grow further thanks to several initiatives, including the Belt and Road Initiative (BRI), Global Development Initiative (GDI), Regional Comprehensive Economic Partnership (RCEP), and the Cambodia-China Free Trade Agreement (CCFTA), experts said during a webinar yesterday. The second China-Cambodia Economic and Trade Cooperation Forum was organised by […]
Read MoreFILIPINOS are still saving for Covid-related things as they continue to worry about the effects of the pandemic despite the easing of restrictions and the resumption of outdoor and everyday activities. According to a study done by bookkeeping app Lista, Filipinos are now mostly saving for the goal of owning their own home and for […]
Read MoreThe Ministry of Finance (MoF) has introduced many favourable policies on tax, fees and land rent to ease the financial burdens on individuals and firms, boosting economic recovery, according to Deputy Minister of Finance Cao Anh Tuan. Workers at a factory of Song Hong Garment JSC. A representative from the company said MoF’s favourable policies […]
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Thailand
