MANILA, Philippines — The non-performing loan (NPL) ratio of Philippine banks may peak at 8.2 percent next year, the Bangko Sentral ng Pilipinas (BSP) said. In his weekly online press conference, BSP Governor Benjamin Diokno said the NPL ratio of the banking sector may double next year, but may remain at single-digit levels compared to […]
Read MoreThe Asian Development Bank (ADB) projected Brunei’s economic growth at 3.5 per cent next year compared to three per cent predicted earlier. The Asian Development Outlook (ADO) 2021 published yesterday also stated that Brunei’s economic growth is trimmed to 1.8 per cent in the latest ADB update of its flagship economic publication, down from their earlier forecast […]
Read MoreEnrico Tanuwidjaja, Economist at UOB Group, Haris Handy and Yari Mayaseti review the recent interest rate decision by the Bank Indonesia (BI). “Bank Indonesia (BI) left its benchmark rate unchanged at record low of 3.50% at its September 2021 monetary policy meeting (MPC) as the economy continued to recover from the country’s worst COVID-19 wave. […]
Read MoreSINGAPORE’S core inflation edged up in August to 1.1 per cent, from 1 per cent in July, with the Monetary Authority of Singapore (MAS) and the Ministry of Trade and Industry (MTI) maintaining their inflation forecasts ahead of the MAS’s next policy meeting in October. Department of Statistics (Singstat) consumer price index (CPI) figures on […]
Read MoreBetter regulations are expected to come into play to facilitate the growth of Vietnam’s e-commerce logistics sector. The rapid growth of e-commerce is driving unprecedented demand for e-commerce logistics services in Vietnam. However, the growth of the sector is constrained by regulatory obstacles that impede competition in this industry, reducing efficiency and driving up costs […]
Read MoreTravel agents, airport operators and airlines all say they are ready to cope with an influx of foreign visitors safely and efficiently. All they need is a reopening date from the Cambodian government. Industry representatives welcomed last Friday’s comments by Prime Minister Hun Sen that Cambodia should consider a seven day quarantine for fully-vaccinated tourists. […]
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Thailand
