The Bank of Thailand (BOT) has issued a warning to financial institutions in Thailand to cease transactions that may counter measures to prevent speculation on the baht. BOT assistant governor for Financial Markets Operation Group Vachira Arromdee said that after more rigorously monitoring foreign exchange transactions, some financial institutions in Thailand were found to have […]
Read MoreMANILA, Philippines — Inflation likely remained steady at 3.3 percent in January as the drop in housing, utilities, and clothing prices was able to offset the rise in transport rates during the period, the Department of Finance (DOF) said. In an economic bulletin, the DOF said the inflation rate in January may have remained unchanged […]
Read MoreThe Hanoitimes – Foreign investors registered to pour nearly US$890 million into 227 new and existing projects in Vietnam in January 1-20. Reports from the General Statistics Office (GSO) showed that of the sum, $442.6 million came from 166 new projects, down 64.4% and 5.1% year-on-year, respectively. Another $456.8 million was added to 61 existing projects, […]
Read MoreSINGAPORE – More companies in the services and manufacturing sectors still expect business prospects for the next six months to improve, but sentiment for both have dipped since the previous quarter. Results of two surveys on firms’ business expectations for January to June 2018 were released separately on Wednesday (Jan 31). The Economic Development Board […]
Read MoreReading through the 7/2017 directive by the Central Bank of Myanmar (CBM) on the implementation of the Asset Classification and Provisioning Regulation, the words and phrases that captured my attention were: “cash flow pattern of the borrower”, “credit risk analysis” and “term loans with up to a maximum maturity of three years.” These technical terms […]
Read MoreThe Bank of Thailand is mulling requests made by six financial institutions to offer their own e-marketplace platforms, viewed as an effort to gain a first-mover advantage in online financial services to guard market share ahead of the full-scale entry of technology and payment behemoths. Five of the institutions are banks and the other is […]
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Thailand
