According to the State Bank of Vietnam, by 2020, 70% of adults in Vietnam had a bank account, but nearly half of them did not have access to credit. The Vietnam Bank for Agricultre and Rural Development (Agribank) said that more than 70% of the population is concentrated in rural areas, but access to modern […]
Read MoreFROM targeted to total lockdowns, as we still see spiking Covid-19 infections, there are concerns whether Malaysia can achieve its forecast growth of 6% to 7% for 2021. Even if the overall economy and those already faring well recover, many businesses, individuals and households may be left further behind in an already unequal economy. The […]
Read MoreThe baht opened at 31.26 to the US dollar on Monday, unchanged from Friday’s close. The Thai currency is likely to move between 31.20 and 31.30 during the day and between 31.15 and 31.45 within this week, Krungthai Bank market strategist Poon Panichpibool said. The baht would tend to move sideways in line with the […]
Read MoreRecently, the interbank interest rates suddenly jumped, causing many people to worry whether bank lending rates will increase in the coming time while the business and production activities have been facing many difficulties due to Covid-19. However, it is recorded that many banks still keep lending interest rates at the “supportive” level for people and […]
Read MoreMANILA, Philippines — Economists expect inflation to remain steady at 4.5 percent in May as the reimposition of strict lockdown measures in the National Capital Region and nearby provinces (NCR Plus) kept demand side pressure in check. ING Bank Manila senior economist Nicholas Mapa said inflation was likely unchanged for the third straight month at […]
Read MoreThe Asian Development Bank (ADB) has projected that the Cambodian economy will grow by 4 percent this year and 5.5 percent next year, led by a robust recovery of its major trade partners. In the Asian Economic Outlook 2021, announced on May 28, the lender forecast that the country’s industrial production will expand by 7.1 […]
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Thailand
