Bank Indonesia (BI) has announced it will not operate from June 3 to 7, when Muslims celebrate the Idul Fitri holiday, marked by the exodus of millions of people to their hometowns. In a statement published on its official website, BI said the decision was made in reference to a joint decree issued by the […]
Read MoreThe Hanoitimes – The Ministry of Planning and Investment (MPI) proposed to set an investment capital threshold for PPP projects at VND200 billion (US$8.56 million). The Ministry of Planning and Investment (MPI) is under the process of drafting up the investment law on the basis of public-private partnership (PPP), the governmental portal reported. In Vietnam, the […]
Read MoreDespite the Finance Ministry’s request to ease the new loan-to-value (LTV) requirement, the Bank of Thailand has insisted on maintaining the regulation, saying bad mortgages continued to climb for the three months through March and a further uptick is expected this quarter. The bad-mortgage ratio is expected to keep rising in the second quarter, mainly because […]
Read MoreThe government’s planning unit has lowered its full-year GDP growth forecast to 3.3-3.8% from 3.5-4.5% after the economy grew at its slowest pace in more than four years in the first quarter. The National Economic and Social Development Council (NESDC) reported on Tuesday that GDP rose 2.8% year-on-year in the first quarter, down from a revised […]
Read MoreThe Hanoitimes – The OECD noted that the country should focus on improving labor productivity to ensure national economic prosperity. The Organization for Economic Co-operation and Development (OECD) has analyzed some problems that limit Vietnam’s economic development, and proposed solutions to help Vietnam in building a socio-economic strategy from 2021 to 2030. Analyzing the main confine […]
Read MoreThe government is mulling the use of tanks belonging to upstream subsidiaries of state-owned energy holding company Pertamina to store fatty acid methyl esters (FAME), the main component in 20 percent blended biodiesel ( B20 ). The Energy and Mineral Resources (ESDM) Ministry’s research and development head, Dadan Kusdiana, said the move intended to optimize existing facilities and cut […]
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Thailand
