Loans from the Bank for Agriculture and Agricultural Cooperatives (BAAC) in the first quarter of its accounting year expanded at a lower rate than the same period the previous year, attributed to a slowing economy, says president Tanaratt Ngamvalairatt. BAAC’s accounting year begins April 1 and ends on March 31. The bank lent 1.16 billion […]
Read MoreVehicle registrations fell 7 percent in the first half of the year, compared with a year earlier. The drop came as the Coronavirus pandemic weighed on consumer sentiment, putting customers off purchases. Travel restrictions also made it harder to get to registration centres. Nearly 250,000 vehicles were registered from January through June according to Chhuon […]
Read MoreMANILA, Philippines — Philippine banks continued to provide financial relief to borrowers severely affected by the pandemic and at the same time ensured continued access to essential financial services amid the lockdowns, according to the Bangko Sentral ng PIlipinas. BSP Governor Benjamin Diokno said the amount of loans restructured by local banks reached P328.6 billion […]
Read MoreSINGAPORE – The construction industry’s challenges could continue for the rest of the year at least, despite support from the Government, trade associations and banks. This is expected to continue fueling demand and pushing property prices up, experts said. About 88 per cent of developers recently polled by the National University of Singapore (NUS) indicated […]
Read MorePublic investment, exports, and domestic consumption continue would be the three key factors for Vietnam’s economy this year. While the current Covid-19 outbreak has brought both ups and downs in the economy during the first seven months of this year, experts suggested there remains room for the economy to end 2021 on a high note. […]
Read MoreMANILA, Philippines — The government should provide substantial cash assistance to poor Filipino families as the meager P1,000 ayuda will never be enough to mitigate the worsening poverty situation in the country amid the pandemic, according to an advocacy group. Research and advocacy group IBON Foundation renewed its call for the government to provide much […]
Read More
Thailand
