Vietnam: Bank loan-deposit ratios improve Tuesday, 9 August 2016 – The loan-to-deposit ratio (LDR) of eight State-owned commercial banks has improved significantly in recent months, making the industry more optimistic about keeping it at a maximum of 90 per cent. According to the latest statistics from the State Bank of Vi?t Nam (SBV), the LDR […]
Read MoreSingapore: US crude remains below $40 as oversupply weighs Wednesday, 3 August 2016 – Oil prices remained weak on Wednesday, with U.S. crude below $40 per barrel and Brent under $42, as fuel oversupply and stuttering economic growth weighed on markets, although prices did receive some support from a weaker dollar. U.S. West Texas Intermediate […]
Read MoreSingapore: Does TPP matter? Does Singapore matter? Tuesday, 9 August 2016 – During his recent trip to the US, Singapore Prime Minister Lee Hsien Loong, along with US President Barack Obama, made a joint pitch for the ratification of Trans-Pacific Partnership (TPP) trade agreement. However, the hope that the TTP would form the foundation of […]
Read MoreIndonesia: Indonesia-Malaysia banking deal Wednesday, 3 August 2016 – Indonesia and Malaysia have agreed to give their banks greater access to each other?s markets, part of wider integration efforts among South-East Asian economies. The move would link the two largest Islamic banking sectors in the region, and give Malaysian banks a potential lead in accessing […]
Read MoreMalaysia: Malaysia, Indonesia aim to double trade value Tuesday, 2 August 2016 – Malaysian Prime Minister Najib Bin Haji Tun Abdul Razak has said he wants to double trade with Indonesia to US$30 billion in the coming years. Last year, trade between the two countries was valued at $16.6 billion. As of April this year, […]
Read MoreThailand: Thai transport quotas to rise Wednesday, 20 July 2016 – Cambodia and five other countries that share the Mekong River have agreed to open their borders to more commercial truck and tourist bus traffic as part of a transnational agreement aimed at promoting regional logistics and tourism, a senior transport official said yesterday. Transport […]
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