Two key committees have called for the regulator overseeing thrift and credit cooperatives to speed up tightening prudential regulations. Deposits at such cooperatives remain high and institutions are still increasing investment in risky assets, say the Bank of Thailand’s Monetary Policy Committee (MPC) and the Financial Institutions Policy Committee (FIPC). People’s search-for-yield behaviour through thrift […]
Read MoreSECOND- and third-tier firms — especially those with good prospects — could dominate trading during the final week of the year, analysts said. “With foreign fund managers on a holiday mode, local participants might dominate the week’s three-day trading session focusing mostly on second- and third-tier shares,” online brokerage 2TradeAsia said in a market note. […]
Read MoreAn ambitous 10-year plan to boost the country’s industrial development is “90 percent” on track and has earned the approval of Prime Minister Hun Sen, government representatives said yesterday. But some key planks of the plan – particularly its more concrete provisions – have been delayed, frustrating industry groups. The 10-year Industrial Development Policy, introduced […]
Read MoreHANOI — A dramatic change in market trends and the “fourth” industrial revolution are forcing Vietnamese enterprises to gradually apply new technologies to production. Using the technology, businesses can increase their value. Many Vietnamese companies have started to invest in machines with modern technology to automate many production stages to increase productivity, improve quality and […]
Read MoreThailand’s property market prospects are expected to be bright next year based on the country’s economic expansion, government spending on big-ticket infrastructure projects and the rise of the Eastern Economic Corridor (EEC). Surachet Kongcheep, a property analyst, says market growth will mirror the country’s positive economic trajectory. Key factors boosting the economy are spending on […]
Read MorePHILIPPINE enterprises should invest more in data protection next year, with a global security solutions firm warning that the continuing problem of business email compromise may lead to over $9 billion in losses. Trend Micro, Inc. said in a report dubbed “Paradigm Shifts: Trend Micro Security Predictions for 2018,” that digital extortion, business email compromise, […]
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