Commercial banks have agreed to slash the lending interest rate in order to help businesses and people overcome the difficulties caused by the Covid-19 crisis. The Vietnam Banks Association (VNBA) on July 12 had a meeting with credit institutions to discuss the method and time to implement the interest rate cut for existing loans in […]
Read MoreMANILA, Philippines — More debt watchers are expected to revise their economic outlook for the Philippines from stable to negative, paving the way for a possible downgrade of the country’s credit rating before the end of the year. However, government economic managers are convinced that the drag caused by the COVID-19 crisis is only transitory […]
Read MoreThough exports remain strong, several sectors face difficulties due to the COVID-19 pandemic and require support from the Government if they are to sustain the growth, experts said. Vietnam is benefiting from the disruption of global supply chains, and manufacturers are seeking to diversify supply, including from Vietnam. Global demand is recovering and this is an […]
Read MoreCambodia exported $247.5 million worth of bicycles to foreign markets during the first six months of 2021, inching down 4.2 percent compared with the same period last year. Data from the Ministry of Commerce showed that from January to June Cambodia exported 1.259 million bicycles, a 1.8 percent increase from the 1.236 million units registered […]
Read MoreThe Transport Ministry has approved four trial projects proposed by the Department of Highways under its Motorways-Rail Map (MR-Map) interprovincial network. The approval came during a zoom meeting on Monday, Transport Minister Saksayam Chidchob said yesterday. He said the ministry meeting was attended by Chayathan Promsorn, permanent-secretary for transport and senior executives from various departments […]
Read MoreTHE Infocomm Media Development Authority (IMDA) and National Research Foundation Singapore will invest S$50 million over the next five years to develop the city-state’s digital trust capabilities, said Minister for Communications and Information Josephine Teo. Speaking at the ATxAI Conference during Asia Tech x Singapore (ATxSG) on Wednesday, Mrs Teo said the investment will get […]
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Thailand
