The government is under pressure after the cabinet approved a bill that allows foreigners to own land if they invest here, a policy that has been widely derided as “selling off” the country. The measure allows foreigners who obtain a long-term resident visa to buy up to one rai of land to build a house […]
Read MoreMerger and acquisition (M&A) activities carried out by Vietnamese enterprises were estimated to reach over US$1.3 billion during the January-October period. According to KPMG Viet Nam, M&A deals in Viet Nam reached US$5.7 billion over the last 10 months of the year, a year-on-year decrease of 35.3 percent. During the reviewed period, Singapore was the […]
Read MoreThe Ministry of Posts and Telecommunications (MPTC) has finalised two laws and two policies in addition to key existing applicable policies. The Ministry has also forwarded these documents to relevant ministries and institutions for their inputs for the development of the digital and posts sectors in the country, according to a press release by MPTC […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is likely to hike key policy rates by 175 basis points more, bringing the benchmark interest rate to six percent by the first quarter of next year, according to DBS Bank of Singapore. Chua Han Teng, economist at DBS, said the bottom line is that the […]
Read MoreBangkok Bank (BBL) plans to maintain the loan proportion of its international banking business at the existing level of 24-25% of total loans for the next few years, despite the high growth potential of regional markets. BBL, the country’s largest lender by total assets, expects the loan portfolio of its international banking business to increase marginally […]
Read MoreKUALA LUMPUR (Nov 7): Fitch Solutions Country Risk and Industry Research expects Malaysia’s interest rates to peak at 3.25%. In a statement last Friday (Nov 4), the firm said it expects inflation to stay above its historical average, and with real interest rates still negative, this should prompt Bank Negara Malaysia (BNM) to continue normalising its […]
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Thailand
