MANILA, Philippines — Loans extended to micro, small and medium enterprises (MSMEs) declined by 15.2 percent as of end-September last year despite regulatory relief measures extended by the Bangko Sentral ng Pilipinas (BSP) to banks to assist the sector in jumpstarting the economy amid the pandemic. Latest data released by the central bank showed loans […]
Read MoreLandowners in prime Sukhumvit areas are offering land prices 30% lower than previous years as condo developers delay purchases, according to property consultant CBRE Thailand. Kulwadee Sawangsri, executive director and head of capital markets for investment at CBRE, said the pandemic affected land transactions and prices last year. “The pandemic acted as an accelerant,” Mrs […]
Read More“Legendary story”, “Rising star”, and “Asia’s brightest economy” count among the praise from international organisations in relation to Vietnam’s economic development over recent years. “Legendary story”, “Rising star”, and “Asia’s brightest economy” count among the praise from international organisations in relation to Vietnam’s economic development over recent years. Vietnam is said to be a global success […]
Read MoreBANDAR SERI BEGAWAN – The Brunei economy is projected to expand 2.8 percent in 2021, led by downstream exports and the manufacturing sector, according to the think tank Centre for Strategic and Policy Studies (CSPS). On the back of an estimated 0.7 percent growth in 2020, the Brunei economy is expected to improve in 2021 […]
Read MoreExports, a key driver of the country’s economic growth, could fare better than 3-4% growth this year if the government provides more support, particularly in handling the persistent baht rise and the container shortage, says the Thai National Shippers’ Council (TNSC). According to Ghanyapad Tantipipatpong, the TNSC’s chairwoman, the government through the Bank of Thailand […]
Read MoreThe Hanoitimes – Rising political, trade tensions and high public debts across economies in the world require Vietnam to have drastic measures to ensure the economic growth plan to stay on track. Vietnam’s GDP growth in the first quarter is set to be slower compared to the original plan due to the ongoing resurgence of the […]
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Thailand
