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Vietnam: VN runs trade deficit of $100m in January

Viet Nam’s trade deficit rose by US$100 million in the first month of the year after enjoying a trade surplus of billions of dollars in 2016. The trade deficit accounts for 0.7 per cent of the export turnover, according to the latest update from the General Statistics Office (GSO). GSO said the country’s total import-export turnover in […]

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Thailand: Retail offers banks a lifeline

Retail customers offer a silver lining for banks amid tepid demand in corporate lending and the fragile state of small and medium-sized enterprises (SMEs), says Kasikorn Research Center (KResearch). Lending to individual customers in 2017 is expected to continue to outshine overall loan growth and the traditional mainstay of Thai lenders — commercial loans — […]

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Indonesia: Tigerair unable to meet Indonesian rules, ends Bali flights

JAKARTA – Australia’s Tigerair said on Friday it has permanently ended all flights to the popular resort island of Bali after Indonesian authorities required “an alternative regulatory solution” for its operations. Hundreds of passengers were stranded in early January when Tigerair Australia suddenly canceled its Bali flights, citing what it called new administrative requirements from […]

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