SINGAPORE (THE BUSINESS TIMES) – Singapore’s bank lending in October fell for the eighth straight month on continued weakness in business loans, data from the Monetary Authority of Singapore showed on Monday. Loans through the domestic banking unit – which captures lending in all currencies, but reflects mainly Singapore-dollar lending – inched down 0.3 per […]
Read MoreForeign direct investment (FDI) inflows in Vietnam are set to record strong growth as the world moves past the novel coronavirus (COVID-19) epidemic, with plenty of investment coming from overseas Vietnamese, according to insiders. Dr. Nguyen Minh Cuong, chief economist at the Asian Development Bank (ADB), stated that the nation is one of the leading […]
Read MoreThe Hanoitimes – Landlords need to be more open to different kinds of tenants to meet the actual requirements. The Covid-19 pandemic has delivered a strong hit to shopping malls as consumers were cautious not only about going to malls where many people gathered but also spent. Landlords, therefore, needed to reshuffle tenant mixes by replacing […]
Read MoreThailand’s biggest manager of distressed assets is bracing for another difficult year in 2021, as the economy faces more headwinds from the pandemic. Bangkok Commercial Asset Management Plc (BAM), which buys soured loans and real estate from distressed debtors, has seen property sales slow, chairman Bunyong Visatemongkolchai said in an interview. The firm is experiencing […]
Read MoreRecently established peer-to-peer (P2P) lending marketplace, Singapore-based Rai Capital, has announced its official launch in Cambodia. Licensed and regulated by the Securities and Exchange Commission of Cambodia (SECC), Rai Capital is a joint venture with Goldbell Financial Services, one of Singapore’s leading non-bank business finance providers. It is designed for micro-entrepreneurs and individuals to promote […]
Read MoreThe government needs to ramp up research and development (R&D) and develop human resources in the manufacturing industry, the business sector contributing the most to gross domestic product (GDP), to support the country’s economic recovery, experts have stated. “The government must take a more active role in spearheading R&D to facilitate job creation and attract […]
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