PETALING JAYA: The economic recovery is expected to bode well for the banking sector with loan growth forecast to pick up pace to 3.8% in 2021 versus 3.4% last year, according to Maybank IB Research. It attributed the growth to stable household loan growth and a pick-up in corporate lending. The research house said loan […]
Read MoreIn Cambodia, the shift to digital consumption has skyrocketed in line with its development and rising number of internet users. That number was estimated at more than 9 million and growing in 2020, a figure over half the nation’s population. Steve Noble, the editor of business information site B2B Cambodia, said the shift away from […]
Read MoreInvestors are riding the reflation investment trend with commodities and consumption-related stocks outperforming again, as the global economy recovers and brings with it another wave of inflation. Conversely, investors are selling off gold and secured assets that once performed well during the uncertainty of the pandemic, but are now dropping in profit return. As there […]
Read MorePTT Exploration and Production Plc (PTTEP) has started its natural gas production at Rotan and Buluh deepwater fields of Block H off the coast of Sabah, Malaysia, marking its move to strengthen investment in Malaysia. The production will increase the company’s petroleum supply and sales volume in the neighbouring country. The first gas production in […]
Read MoreMANILA, Philippines — The Philippines ended 2020 with a double-digit decline in motor vehicle production and sales on subdued demand due to the health crisis. Data released by the Association of Southeast Asian Nations (ASEAN) Automotive Federation (AAF) showed motor vehicles assembled in the Philippines fell 29 percent to 67,297 units last year from 95,094 […]
Read MoreVietnam’s digital economy is expected to reach $43 billion by 2025, according to the e-Conomy Southeast Asia report from Google, Temasek and new partner Bain & Company. Nguyen Quang Dong, Director of the Institute for Policy Research and Communication Development, said digital service industry is recording the fastest growth and is suitable with Vietnam’s strengths […]
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Thailand
