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Myanmar: CBM again issues detailed rules to banks

The Central Bank of Myanmar has reiterated its commitments to ensuring stronger enforcement of banking rules and regulations in the country. On March 25, the CBM again issued instructions covering five directives on banking governance and statistics. To strengthen the country’s financial sector, Financial Institutions Law was introduced January 2016. CBM has now five detailed […]

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Laos, Vietnam to continue labour development cooperation

Lao and Vietnamese authorities have confirmed that they will continue to cooperate to develop labour skills in Laos and protect workers’ rights in the two countries. Participants at the annual Laos-Vietnam Labour and Social Welfare meeting in Vientiane yesterday reached consensus on a number of measures to promote bilateral labour ties which mainly focus on […]

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Malaysia’s economy to grow between 4.7% and 4.8%

SUBANG JAYA: Malaysia’s economy is projected to grow between 4.7 and 4.8 per cent this year, if the conditions improve during the second half of the year, said Deputy International Trade and Industry Minister Dr Ong Kian Ming. He said the manufacturing sector would continue to drive the country’s exports and economic growth, adding that […]

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Thailand: Loan curbs likely to see amendment

The Bank of Thailand will likely amend the soon-to-be implemented mortgage lending curbs after they take effect, depending on speculative behaviour, credit quality and the financial accessibility of homebuyers.  The amendment could mean either tightening or easing, Mathee Supapongse, deputy governor for monetary stability, said on Wednesday at a seminar held by the Housing Finance Association.  […]

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