The central bank said on Wednesday it extended a corporate bond stabilisation fund for another year to the end of 2022 as the coronavirus situation remained highly uncertain. The fund is aimed at maintaining economic and financial stability, the Bank of Thailand said in a statement. Source: https://www.bangkokpost.com/business/2205047/bank-of-thailand-extends-bond-support-fund-until-end-2022
Read MoreDuring the peak of the pandemic, Vietnamese products such as Luc Ngan and Thanh Ha lychee and Binh Thuan dragon fruit were still shipped abroad. Some kinds of goods were event sold to the pickiest markets at high prices for the first time. This has proven the Ministry of Industry and Trade’s (MoIT) tremendous effort […]
Read MoreBank Indonesia has prolonged its credit card rules set in May 2020 to further support economic recovery due to the pandemic. Bank Indonesia (BI) has extended its relaxed repayment terms for credit card debt to the end of the second quarter next year to support economic recovery efforts. Under the relaxed rules, minimum payment has been […]
Read MoreMANILA, Philippines — Retail and wholesale prices of building materials in Metro Manila surged in September as business activities resumed with the easing of quarantine measures in the capital, the Philippine Statistics Authority (PSA) said. The Construction Materials Retail Price Index (CMRPI) in the National Capital Region went up to two percent from 1.6 percent […]
Read MoreStandard Chartered Bank expects Thailand’s gross domestic product to rebound in 2022 to around 3% from the forecast zero growth this year. The bank holds a positive view of the Thai economy next year, Tim Leelahaphan, economist at Standard Chartered Bank (Thai), said on Tuesday at the bank’s press conference on the Thai economy. He added […]
Read MoreJAKARTA : Indonesia’s central bank may stick to its current rules on downpayments for loans on property and vehicles until 2023 to ensure sufficient credit for businesses amid the recovery from the COVID-19 pandemic, Governor Perry Warjiyo said on Tuesday. Bank Indonesia will extend its “loose macroprudential policy” on vehicle and property loans until the […]
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