As major buyers in the market, commercial banks are holding large amounts of corporate bonds, mostly realty bonds. The central bank has issued a warning about the risks with the bonds. The State Bank of Vietnam (SBV) has issued Circular 16/2021 on credit institutions and foreign bank branches’ purchases of corporate bonds. Under the legal […]
Read MoreMANILA, Philippines — The Philippine economy can grow above seven percent over the next three years as it rebounds strongly from the pandemic-induced recession, S&P Global Ratings said. The debt watcher, however, warned that the COVID crisis is far from over amid the threat posed by the emergence of the Omicron variant. “Just as Asia-Pacific […]
Read MoreCambodia exported $4.4 billion worth of agricultural products to foreign markets in the first eleven months this year. This ensured that agricultural sector remained one of the main movers of the Cambodian economy during the pandemic. Figures from the Ministry of Agriculture, Forestry, and Fisheries stated that from January to November, some 7.1 million tonnes […]
Read MoreBank Indonesia (BI) said it expects Indonesia’s gross domestic product (GDP) to increase by between 4.7 and 5.5 percent in 2022, higher than the previous forecast of 3,2-4 percent. Jakarta (VNA) – Bank Indonesia (BI) said it expects Indonesia’s gross domestic product (GDP) to increase by between 4.7 and 5.5 percent in 2022, higher than the […]
Read MoreKUALA LUMPUR, Dec 2 — The Domestic Trade and Consumer Affairs (KPDNHEP) Minister Datuk Seri Alexander Nanta Linggi said the ministry has a month to find a complete and comprehensive solution to the price hikes of goods and food. He said for a short-term solution, KPDNHEP is introducing the Malaysia Family Sales which will offer […]
Read MoreNew orders increased for the second straight month as the easing of pandemic restrictions in recent months improved demand in the sector. Moreover, the rate of expansion was solid and the sharpest since April. The overall business conditions in the Vietnamese manufacturing sector improved for the second straight month in November, but were accompanied by […]
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Thailand
