MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is not alarmed by the steady rise in banks’ bad loans, saying the local banking industry is well prepared for the rise in soured debts amid the coronavirus pandemic. In an interview on ABS-CBN News Channel, BSP Governor Benjamin Diokno said the regulator already anticipated that the […]
Read MoreNguyen Bich Lam, former director general of the General Statistics of Vietnam, talks on what Vietnamese enterprises need to do to maintain their business production during the COVID-19 pandemic. What are the impacts of the current COVID-19 on the international economy? The COVID-19 has caused heavy negative impacts on the international economy and Vietnamese enterprises. The […]
Read MoreKUALA LUMPUR: Everyone, who has been affected by the pandemic, will receive help, Bank Negara Malaysia (BNM) Governor Datuk Nor Shamsiah Mohd Yunus said, quashing misconceptions that are being circulated on targeted repayment assistance. “The common misconception is that without a blanket moratorium, borrowers in difficulty will not get help, (instead) the help is for […]
Read MoreMomentum towards embracing the circular economy concept is gaining in the Kingdom. Circular economies promote the use of sustainable materials and clean, renewable energy such as solar and wind, improving efficiency for production, adopting sustainable consumption practices and practising the efficient recycling of materials as well as energy recovery. The government is currently preparing policy […]
Read MoreSalary increases in Thailand dipped below 5% for the first time in 10 years to 3.7% in 2020, while salaries next year are expected to rise 5%, according to a survey by Mercer Thailand. The figures are based on the annual Thailand Total Remuneration Survey 2020 by Mercer Thailand, which surveyed 577 companies across multiple […]
Read MoreKUALA LUMPUR: Malaysia does not have to resort to an unconventional monetary policy as the country’s deep bond market and diverse set of institutional investors are enough in absorbing a higher bond supply, said Bank Negara Malaysia Governor Datuk Nor Shamsiah Mohd Yunus. She said although the Malaysian Government Securities (MGS) are on an increasing […]
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