SINGAPORE (THE BUSINESS TIMES) – Bank lending in Singapore rose 0.2 per cent in May as business loans pick up and loans to consumers hold steady, data from the Monetary Authority of Singapore showed on Wednesday (June 30). Loans through the domestic banking unit – which captures lending in all currencies, but reflects mainly Singapore-dollar lending […]
Read MoreCambodia’s only bourse-listed garment manufacturer, Grand Twins International (Cambodia) Plc (GTI), released a first quarter disclosure after market close on Monday, after a lengthy delay blamed on April’s lockdowns. Pre-tax profit for the firm fell by 49.77 percent over the same period last year to $97,646. Revenue increased by 6.73 percent to $32.731 million, which […]
Read MoreAs tourism-reliant Thailand struggles with a collapse in foreign visitors, the country’s auto sector is picking up some of the slack with the value of car exports tipped to surge to a record this year as the global economy reopens. As tourism-reliant Thailand struggles with a collapse in foreign visitors, the country’s auto sector is […]
Read MoreMANILA, Philippines — The country’s total savings last year dropped to P4.43 trillion as consumers and businesses were forced to tap their kept resources to survive the pandemic. Latest data from the Philippine Statistics Authority (PSA) showed that gross savings in 2020 declined 28 percent from the 2019 level of P6.15 trillion. Non-financial corporations contributed […]
Read MoreThe government is drawing up a national policy to strengthen Cambodia’s capacity to grow, process and export cashew products. The Ministry of Commerce (MoC) held an internal meeting to review and collect input on the draft. It was chaired by the ministry’s Secretary of State Reach Ra, who is also deputy chairman of the Cambodian […]
Read MoreKUALA LUMPUR, June 30 — Malaysia’s trade performance in 2021 has indicated a strong productive recovery with trade having grown by 43.2 per cent to RM190.76 billion, said International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali. He said the performance, recorded in April, is a marked improvement compared to April last year. “Exports […]
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