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Philippines: FIST to cut banks’ bad loans – BSP

MANILA, Philippines — The new law aiming to help banks get rid of their bad loans will cut down the industry’s non-performing loan (NPL) ratio by as much as seven percentage points, according to the Bangko Sentral ng Pilipinas. BSP Governor Benjamin Diokno said the signing of Republic Act 11523, or the Financial Institutions Strategic […]

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Five key trends in the Vietnam property market 2021

The Hanoitimes – Surges in online orders among other essentials have pushed businesses to look for more storage space with close proximity to their customers. Real estate remains the center for many of the biggest shifts in the course that the pandemic hardly left any business or industry untouched. However, Vietnam’s sucessful control of Covid-19 will […]

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Cambodia: PPSEZ releases Q4 financial report

The Phnom Penh Special Economic Zone (PPSEZ) saw year-on-year revenue grow by nearly 36 percent to more than $4.2 million, according to its quarterly report released on Monday. The firm reported an unaudited pre-tax profit of $560,793, marking a 26 percent gain over the same period in 2019. Total assets increased slightly to $94.947 million, […]

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