The Bank of Thailand is allowing unsecured loan borrowers to use collateral stemming from mortgage loans for debt restructuring through debt consolidation, with lower interest rates charged. The central bank has introduced an optional debt relief measure for consumer finance products as a debt consolidation method. Borrowers who have good debt-servicing ability for housing loans […]
Read MoreCambodia’s rice exports to international markets in August dropped drastically to 22,130 tonnes, according to the National Phytosanitary database of the Ministry of Agriculture, Forestry and Fisheries. Compared with August last year, they fell nearly 35 percent from 34, 032 tonnes. However, in total Cambodia’s rice exports increased in the first eight months of the […]
Read MoreFinancial service company Visa has spoken out about the need for e-commerce platforms to adopt security measures such as tokenization to boost protection given the rise of e-commerce users in Indonesia during the pandemic. Tokenization, which replaces sensitive data such as credit card numbers with tokens, can eliminate fraudsters because if the tokens are stolen, […]
Read MoreSINGAPORE, Sept 2 — Several business owners interviewed yesterday supported the call made by several Members of Parliament (MPs) over the past two days to put Singaporeans first when hiring. However, they told TODAY they hoped that policy moves and public rhetoric do not swing to the extreme — an outcome that a few other private sector […]
Read MorePETALING JAYA: Malaysia’s economic momentum is set to pick up on a steady note in the second half of 2020 after beating market consensus to record among its best trade figures last month. Economists and analysts share the view that the country’s economic recovery post-pandemic is on the right footing but concede that risks still […]
Read MoreThe baht experienced a sudden depreciation against the US dollar on Tuesday after Finance Minister Predee Daochai submitted his resignation less than a month into his tenure. Prime Minister Prayut Chan-o-cha has approved Mr Predee’s resignation, according to the Royal Gazette. Mr Predee cited illness as the reason for his resignation. Local media reports suggested that he […]
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Thailand
