Bangkok Bank (BBL) plans to maintain the loan proportion of its international banking business at the existing level of 24-25% of total loans for the next few years, despite the high growth potential of regional markets. BBL, the country’s largest lender by total assets, expects the loan portfolio of its international banking business to increase marginally […]
Read MoreKUALA LUMPUR (Nov 7): Fitch Solutions Country Risk and Industry Research expects Malaysia’s interest rates to peak at 3.25%. In a statement last Friday (Nov 4), the firm said it expects inflation to stay above its historical average, and with real interest rates still negative, this should prompt Bank Negara Malaysia (BNM) to continue normalising its […]
Read MoreVietnam is becoming increasingly more and more attractive in the eyes of foreign retail giants. Despite global fluctuations some big international retailers are making ambitious plans to expand their foothold in the Vietnamese market, mainly due to a stable growth structure in Vietnam. Key market for retailers When referring to big foreign retailers in Vietnam […]
Read MorePrice index seen spiking up to 9.3% in December MANILA, Philippines — Inflation may hit up to 9.3 percent in December and remain elevated until the first quarter of next year given high global commodity prices and the lingering impact of recent typhoons, economists said. In an interview with ‘The Chiefs’ on One News, Jonathan […]
Read MoreChinese nationals are still the biggest buyers of property in Thailand, with more than 2,000 units transferred in the second quarter of 2022 alone. Wichai Wirattaphan, acting director of the Real Estate Information Centre, said recently that 2,326 units were transferred to Chinese buyers in the second quarter of this year, up by 27.6% year on […]
Read MoreRetailers in Vietnam have drawn up sales plans and rolled out promotional programmes to better meet year-end purchasing power of local people. According to the General Statistics Office (GSO), local purchasing power had strongly rebounded in the past 10 months of 2022. This positive recovery is expected to drive retail market growth in the last […]
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Thailand
