logo
Read More

Stable outlook for Singapore banks

Moody’s Investors Service says that the outlook for the banking system in Singapore (Aaa stable) is stable over the next 12-18 months. “Healthy economic growth will support the banks’ assets quality, while higher interest rates and a decrease in impairment allowances will also lift profitability,” says Eugene Tarzimanov, a Moody’s Vice President and Senior Credit […]

Read More
phil01
Read More

Philippines: DOF sees 4.9% inflation in May

MANILA, Philippines — Inflation likely further accelerated to 4.9 percent in May due to increased prices of food, transportation, and sin products, the Department of Finance (DOF) said over the weekend. In its latest economic bulletin, the DOF said inflation last month may have settled at 4.9 percent, the highest since 2013 under the 2012 […]

Read More
vn01
Read More

Vietnam: Government pushes SOE equitisation

The Hanoitimes – The government has required some State-owned enterprises (SOEs) to expedite their equitisation and divestment progress as it remains behind schedule. According to the Ministry of Finance, competent state bodies ratified equitisation plans of only five SOEs in the first five months of this year. Meanwhile, the government targeted to equitise at least 85 […]

Read More