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Indonesia: Indonesian president approves plans to form state holding companies: minister

Indonesia: Indonesian president approves plans to form state holding companies: minister Saturday, 13 August 2016 – Indonesia’s president Joko Widodo has approved plans to create holding companies for state firms in oil, mining, financial services and food sectors, State-Owned Enterprise minister Rini Soemarno told reporters on Friday. “The president hopes the future industrial development will […]

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Thailand:Bad loans ready to peak

Thailand:Bad loans ready to peak Friday, 12 Aug 2016 – The surge in bad loans is expected to peak in the third quarter and take a bite out of commercial banks’ quarterly earnings, says a senior central bank official. Non-performing loans (NPLs) associated with small and medium-sized enterprises (SMEs) and housing are expected to rise […]

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Vietnam: Credit rises 8.54% by July 29

Vietnam: Credit rises 8.54% by July 29 Friday, 12 August 2016 – Credit rose 8.54 per cent by July 29 against late last year while mobilised capital surged 9.94 per cent, the State Bank of Vi?t Nam reported yesterday. At a meeting held in Hà N?i yesterday to review banking operations in H1 and outline […]

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