Corporate bonds issued by real estate firms account for a high proportion of securities that mature in three years. Experts warn of high risks if the real estate market cannot recover by that time. According to the Vietnam Bond Market Association (VBMA) , the total value of corporate bonds issued in the first seven months […]
Read MoreMANILA, Philippines — The government narrowed its budget shortfall by 13.56 percent to P121.18 billion in July as revenue growth outpaced spending, the Bureau of the Treasury said. For the month, revenue grew by over nine percent to P256.07 billion as tax generation rose to P229.79 billion, while non-tax income went up to P26.23 billion. […]
Read MoreThe baht opened at 32.88 to the US dollar on Wednesday, strengthening from Tuesday’s closing rate of 32.92, the strongest in almost a month. The Thai currency is likely to move between 32.80 and 33.00 during the day, Krungthai Bank market strategist Poon Panichpibool said. Poon explained that investors had changed their views on the […]
Read MoreFour Japanese investors will spend a total of 10 billion baht within the fourth quarter to develop warehouse and logistics facilities in response to the boom in e-commerce, online shopping and the export sector amid the Covid crisis. Phattarachai Taweewong, associate director of the research and communications department at property consultant Colliers Thailand, said several […]
Read MoreThe urgent need to enhance competitiveness in global value chains means minimising reliance on imports, according to industry insiders. Viet Nam’s supporting industries remain dependent on imported part supplies, which was evident when the COVID-19 pandemic caused disruptions to local production due to a shortage of imported raw materials. Truong Thi Chi Binh, vice president […]
Read MoreMANILA, Philippines — Issuers are expecting new credit card acquisitions starting the second half as the country gradually recovers from the impact of the pandemic. Alex Ilagan, executive director at the Credit Card Association of the Philippines (CCAP), told The STAR the total number of credit cards in force is still lower in the second […]
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