MANILA, Philippines — Banks are expected to dispose about P152 billion worth of non-performing assets (NPAs) under a new law allowing the industry to offload soured loans, even at substantial discount, to ensure a sound and safe financial system amid the global health crisis, according to the Bangko Sentral ng Pilipinas (BSP). BSP Governor Benjamin […]
Read MoreKUALA LUMPUR: Bank Negara projects a domestic economic rebound of between 6% and 7.5% in 2021 although progress will be uneven and shaped by the course of several factors including the Covid-19 pandemic and vaccine rollout. The central bank said in its 2021 outlook and policy report that other factors that play a role in […]
Read MoreCambodia’s export of industrial products, including garment products, were valued at $6.37 billion in 2020, a year-on-year decrease of 43 percent, data from the Ministry of Industry, Science, Technology and Innovation showed. The report said that the export of garment, footwear, and travel goods was recorded at only $3 billion, down from $9.32 billion in […]
Read MoreVietnam’s e-commerce is very potential so local retail businesses should expand their scale on the online channel. Vietnam’s small and medium enterprises (SMEs) and business households can seize the opportunity to improve their online business capacity through joining an online three-day Retail University program this April. The program is jointly held on April 7, 8 […]
Read MoreThailand’s labour force is recovering from a plunge last year that saw 3 million people lose their jobs because of the pandemic, though people with IT skill sets are in great demand as organisations gear up for digital transformation, according to job search platform JobsDB. People in Thailand need to improve their skill sets for […]
Read MorePETALING JAYA: The domestic bond market is bound to see more positive activities following the boost from the removal of Malaysia from FTSE Russell’s watch list. Malaysia has been on the list since April 2019 and every FTSE Russell review since then has kept bond investors on their toes as they feared Malaysia’s possible removal […]
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