The banking sector stands ready to provide sufficient capital for economic development. Vietnam’s credit growth as of June 9 expanded by 8.15% against late 2021 and up 17.09% year-on-year, which is in line with the ongoing economic recovery process. Vice Governor of the State Bank of Vietnam (SBV) Dao Minh Tu revealed the figures at […]
Read MoreGovernment leaders are publicly making a case for keeping interest rates lower for longer, a call that is putting them at odds with the nation’s monetary policy makers who are keen to raise borrowing costs sooner to keep inflation from overheating. Energy Minister Supattanapong Punmeechaow on Tuesday warned about risks to economic growth from higher […]
Read MoreJAKARTA : Indonesia’s trade surplus narrowed more than expected in May, as exports grew more slowly than predicted due to the country’s ban on palm oil shipments, data from the statistics bureau showed on Wednesday. The resource-rich country has been enjoying an export boom since last year on the back of a surge in commodity […]
Read MoreThe Royal Government of Cambodia’s total public debt stock is at $9.81 billion consisting of 68 percent from Bilateral Developing Partners (DPs) and 32 percent from Multilateral DPs, according to Cambodia’s Public Debt Situation at the end of Q1 2022. In Q1 2022, the RGC has signed a new concessional loan with DPs in the […]
Read MoreMANILA, Philippines — The Philippines should open further to foreigners if it wants to corner more job-generating investments, Asia-based Hinrich Foundation said on Tuesday. There’s a “window of opportunity that might be the right moment to open the country,” Riccardo Crescenzi, professor of economic geography at the London School of Economics, said in an online forum […]
Read MoreHSBC has lowered its forecast on Vietnam’s inflation rate in 2022 to 3.5% from its earlier prediction of 3.7% due to the stable domestic food price, according to a report released on June 14. The bank explained that the inflation risk in ASEAN countries has increased since the beginning of 2022, leading to a high […]
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Thailand
