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Vietnam: Banks maintain caution towards real estate crisis

Banks are maintaining a cautious approach in dealing with the current crisis in the real estate market. Although real estate enterprises would like the banking industry to reconsider solutions such as rescheduling debts, reducing interest rates, and loosening monetary policy. Real estate loans Risk coefficient in loans for real estate businesses increased from 150 percent […]

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Thailand: Step right up, hedge your currency bets

If you’re planning to travel abroad, it’s important to consider the foreign exchange rate to manage your personal finances, especially as the baht is increasingly volatile against the US dollar. If you’re an importer or exporter and you don’t hedge against foreign exchange rates, your business may suffer from the baht’s fluctuations as the Thai currency has […]

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Philippine metal production up 32% in 2022

MANILA, Philippines — The value of the country’s metallic mineral production rose by nearly a third last year on the back of higher nickel prices and robust metal output, supported by government policies. Latest data from the Mines and Geosciences Bureau (MGB) showed metal production increased by 31.73 percent to 238.05 billion last year from […]

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Thailand: Shippers seek 1-2% export growth this year

Despite a host of risk factors, including an uncertain global economy and relatively volatile energy prices, the national shipping group still hopes to stimulate export growth of 1-2% this year. Chaichan Chareonsuk, chairman of the Thai National Shippers’ Council (TNSC), said yesterday there are several risk factors that could pose obstacles, particularly the international economy and […]

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