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Thailand: Soft loans tweaked for SME access

The Finance Ministry is preparing to amend the soft loan decree to allow greater low-interest loan access for small and medium-sized enterprises (SMEs). The ministry and the Bank of Thailand have agreed in principle to amend the decree, but a proposal has to be submitted to the parliament’s commission committee before any amendment can be […]

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Singapore property firms face setback as workers stay at home

SINGAPORE (BLOOMBERG) – Singapore’s battered property firms are hitting a snag in their recovery after rising coronavirus infections led to an extension of remote work in the city-state. Shares of commercial developers and real estate investment trusts (Reits) have fallen since authorities announced last month that working from home will remain the default arrangement. The government is […]

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Malaysia: Vaccine development to boost recovery

PETALING JAYA: Leading indicators show that Malaysia’s economy is still on the mend, but the pace of growth could be dragged down by the ongoing movement control order (MCO). Malaysia’s Leading Index (LI) rose at a faster pace of 7.1% year-on-year (y-o-y) in November 2020 (October: 6.3% y-o-y), which pointed to a recovery in Malaysia’s […]

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