The SBV set the credit growth target at 14% this year, higher than the 2020-21 period, which was 12.17% and 13.61%, respectively. The State Bank of Vietnam (SBV), the country’s central bank, would keep the credit growth target unchanged for this year, as an expansion may impact the banking sector’s liquidity and raise the average […]
Read MoreCambodia exported $304.385 million worth of rubber latex and wood in the first eight months of 2022, down by 6.7 per cent from the $326.339 million posted in the same period last year, according to the General Directorate of Rubber (GDR) under the Ministry of Agriculture, Forestry and Fisheries. Rubber latex accounted for $301.294 million, […]
Read MoreMANILA, Philippines — The country’s balance of payments (BOP) registered a deficit for the fifth straight month with $572 million in August, reversing the $1.04 billion surplus in the same month last year, according to the Bangko Sentral ng Pilipinas (BSP). This brought the cumulative BOP deficit to $5.49 billion from January to August, almost […]
Read MoreThai steel manufacturers are planning to increase their domestic prices following a rise in operational costs, from raw material prices and electricity bills to the higher daily minimum wage. The fuel tariff increase has caused steel producers’ power bills to rise by about 50%, said Pravit Horrungruang, adviser to the EAF Long Product Steel Producers Association. […]
Read MorePETALING JAYA: Following the European Commission’s (EC) recent proposal to ban all products made using forced labour, Malaysian companies that export their goods to the European Union (EU) need to improve the transparency in their supply chain. This can be achieved through investing in key tools to identify whether or not there is a risk […]
Read MoreAsean is expected to lead the world in terms of export growth from 2021 to 2026, followed by South and Central Asia, according to a report by global logistics provider DHL. Asean is forecast to see 5.6% export volume growth over the five-year period, trailed by South and Central Asia at 5% and sub-Saharan Africa […]
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