JAKARTA : Indonesia’s central bank may stick to its current rules on downpayments for loans on property and vehicles until 2023 to ensure sufficient credit for businesses amid the recovery from the COVID-19 pandemic, Governor Perry Warjiyo said on Tuesday. Bank Indonesia will extend its “loose macroprudential policy” on vehicle and property loans until the […]
Read MoreVietnam is still seen as an attractive destination and the problems of 2021 do not mean that foreign investors will turn away, according to a recent report by Singapore Institute of International Affairs (SIIA). Singapore (VNA) – Vietnam is still seen as an attractive destination and the problems of 2021 do not mean that foreign investors will turn […]
Read MoreExports fared better than expected in September boosted by trade partners’ economic recovery, the baht’s weakness and the government’s proactive export promotion. The Commerce Ministry reported on Tuesday customs-cleared exports rose 17.1% year-on-year in September to US$23 billion, with imports increasing by 30.3% to $22.42 billion, resulting in a trade surplus of $609.8 million. It was […]
Read MoreMANILA, Philippines — Insurance premiums grew more than 37 percent to P187 billion in the second quarter as the economic reopening heightened demand for both life and non-life policies. According to the Insurance Commission (IC), insurers in the Philippines posted a combined profit of P24.63 billion during the period, swelling by over 29 percent from […]
Read MoreThe long lockdown in HCM City has caused karaoke parlours to hover between life and death. While struggling to survive, they have thought of a new service – renting karaoke equipment out to clients. The melody of ‘Sad Tango’ by Luong Gia Huy resounded in the living room of Thien Thao’s family in Go Vap […]
Read MoreMastercard Inc. and crypto firm Bakkt Holdings Inc. on Monday said they have partnered to enable cryptocurrency card payments. The companies said the partnership will make it easier for banks, financial-technology firms and merchants to offer and accept crypto payments. Banks and other financial institutions that issue cards through Mastercard will be able to issue […]
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Thailand
