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Vietnam’s customs revenue up 6.82% in Jan – Oct

The Hanoitimes – The revenue is equal to 89.8% of the year’s plan and 86.74% of the expectation, local media reported. Vietnam’s import-export duty revenue reached VND254.16 trillion (US$10.89 billion) in the first ten months of 2018, up 6.82% compared to the corresponding period last year, according to the General Department of Vietnam Customs (GDVC). The […]

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Moody’s keen on Asean market

Growth prospects for Asean insurance markets look robust and are supported by strong socioeconomic fundamentals, says a report by Moody’s Investors Service.  The study looked at six markets in Asean — Singapore, Thailand, Malaysia, Indonesia, Vietnam and the Philippines. While each market’s growth differed in pace and quality, the overall outlook was good for insurance.  “The […]

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Thailand eyes new rice sales in push to 11m-tonne target

A weaker baht pushed rice export prices in Thailand lower this week, although there were expectations of new deals with the Philippines and China, while rates in India languished at the 21-month lows hit last week due to sluggish demand. In Thailand, benchmark 5% broken rice prices were quoted at $380-$400 per tonne, free on board (FOB) Bangkok, […]

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Thailand: BAY targets 10% rise in retail loans

Bank of Ayudhya (BAY) aims for 10% growth in retail lending and keeping its bad loan ratio at 2.6-2.7% next year, says a senior official at the bank.  The 10% growth translates into 100 billion baht worth of new loans in 2019, said Phonganant Thanattrai, head of retail banking and the distribution group.  The bank […]

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