(Bloomberg) — Indonesia’s central bank will require lenders to disburse at least 30% of their loans to small companies, part of a broader effort to revive slow credit growth that’s stalled the economic recovery. Banks must allocate at least 20% of their total loans to micro, small and medium enterprises next year, with the proportion […]
Read MoreA study of the relationship between people and technology reveals a split in Thailand between those who believe tech companies clearly make a positive contribution to society and those who hold neutral or negative opinions of technology, according to the Asean communications agency Vero. In a survey organised by Vero and the global market research […]
Read MoreMyanmar’s ongoing political turmoil and a rapidly-rising third wave of COVID-19 cases are severely impacting an economy that had already been weakened by the pandemic in 2020, the World Bank said in a statement. According to the statement, the economy is expected to contract around 18 percent in Myanmar’s 2021 Fiscal Year (Oct 2020-Sep 2021), […]
Read MoreMANILA, Philippines — The country’s manufacturing sector went back into contraction mode in August, posting its lowest output in 15 months, as the surge in cases due to the Delta variant prompted the reimposition of strict lockdown measures. Market intelligence firm IHS Markit said the Philippines’ headline purchasing managers’ index (PMI) fell sharply to 46.4 […]
Read MoreThe lifting of travel restrictions has resulted in an uptick in commodity prices for rice, despite exports falling more than 23 percent so far this year. Battambang Provincial Agriculture Department Deputy Director In Sovanmony told Khmer Times rice prices had increased in the open market in recent weeks, despite the drop in exports. Farmers were selling the […]
Read MoreAfter HCM City resumed operation of goods delivery services on August 31, Viettel Post and Vo So e-commerce platform opened an “online market” to provide food and essential goods for people at hcm.voso.vn. The market meets the demand for goods of the most populous city in the country, especially amid the complicated epidemic situation. To buy […]
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Thailand
