The Joint Standing Committee on Commerce, Industry, and Banking (JSCCIB) has asked the government to increase the maximum interest rate for used car and motorcycle loans to encourage leasing companies to lend to lower-income earners. Recently the Office of the Consumer Protection Board proposed a maximum rate of 15% per year for all types of […]
Read MoreMANILA, Philippines — The Philippines is expected to return to pre-pandemic levels in terms of domestic output by the second half of next year, slower than neighboring countries in Southeast Asia, DBS Bank Ltd. of Singapore and Japanese investment bank Nomura said in separate reports. In its 2022 outlook for the Philippines, DBS economist Chua […]
Read MoreIn Channy, Chairman of The Association of Banks spoke to Khmer Times to Mark the Dissemination Workshop on Implementation of Financial Inclusion Strategy 2019-2025 And Official Launch of Let’s Talk Money: Little by Little Campaign. Main aims of financial inclusion The initiatives towards financial inclusion by the Association of Banks in Cambodia (ABC) and its […]
Read MoreThe number of trade remedy cases initiated by foreign countries and territories against Vietnamese exported goods is increasing rapidly, according to Le Trieu Dung, director of the Trade Remedies Authority of Vietnam. The total number of cases was about 20 cases before 2005, but now has increased to 208 cases. Being investigated by foreign countries and applied trade […]
Read MoreThe government expects cross-border trade to grow by as much as 8-9% this year, propelled by the global economic recovery, baht weakness, and ongoing efforts by the Commerce Ministry to speed up the reopening of border checkpoints, as well as cooperation with the private sector. Commerce Minister Jurin Laksanawisit said on Wednesday overall cross-border trade, including […]
Read MoreKUALA LUMPUR, Dec 9 — The ringgit strengthened further against the US dollar at the opening on Thursday as fears over the Omicron variant eased, a dealer said. At 9am, the local note appreciated to 4.2160/2185 against the greenback from 4.2240/2260 at Wednesday’s close. The local note was traded higher vis-a-vis a basket of major currencies, except for against the euro. The […]
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Thailand
