Thailand recorded a current account surplus of $0.99 billion in October after a surplus of $1.31 billion the previous month, the Bank of Thailand said on Monday. Exports, a key driver of growth, fell 5.6% in October from a year earlier after September’s 4.2% drop. October’s imports declined 12.1% from a ye Source: https://www.bangkokpost.com/business/2027751/oct-exports-fall-5-6-y-y-trade-surplus-narrows
Read MoreThe Indonesian government is expecting to finish the ratification of the comprehensive economic partnership agreement with Iceland, Lichtenstein, Norway and Switzerland early next year in a bid to attract investment from those countries amid the COVID-19 crisis. After seven years of negotiations, the agreement between Indonesia and the European Free Trade Association (EFTA) member countries, called […]
Read MoreSINGAPORE (THE BUSINESS TIMES) – Singapore’s bank lending in October fell for the eighth straight month on continued weakness in business loans, data from the Monetary Authority of Singapore showed on Monday. Loans through the domestic banking unit – which captures lending in all currencies, but reflects mainly Singapore-dollar lending – inched down 0.3 per […]
Read MoreForeign direct investment (FDI) inflows in Vietnam are set to record strong growth as the world moves past the novel coronavirus (COVID-19) epidemic, with plenty of investment coming from overseas Vietnamese, according to insiders. Dr. Nguyen Minh Cuong, chief economist at the Asian Development Bank (ADB), stated that the nation is one of the leading […]
Read MoreThe Hanoitimes – Landlords need to be more open to different kinds of tenants to meet the actual requirements. The Covid-19 pandemic has delivered a strong hit to shopping malls as consumers were cautious not only about going to malls where many people gathered but also spent. Landlords, therefore, needed to reshuffle tenant mixes by replacing […]
Read MoreThailand’s biggest manager of distressed assets is bracing for another difficult year in 2021, as the economy faces more headwinds from the pandemic. Bangkok Commercial Asset Management Plc (BAM), which buys soured loans and real estate from distressed debtors, has seen property sales slow, chairman Bunyong Visatemongkolchai said in an interview. The firm is experiencing […]
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