The Bank of Thailand has been studying a warehousing concept that allows commercial banks to sell commercial loans parked in funds of asset management companies at prices acceptable to both the creditor and borrower. Given the difficulties amid the Covid-19 crisis, some businesses have had to temporarily close and wait for economic conditions to return to […]
Read More[LONDON] Paris and Zurich have joined Hong Kong as this year’s costliest cities worldwide, while Singapore and Osaka have slipped from their joint-top spot after the coronavirus pandemic weakened the dollar, a survey published Wednesday showed. The biggest mover was Tehran, which jumped 27 places on US sanctions, The Economist Intelligence Unit added in its […]
Read More[JAKARTA] Indonesia’s chief economic minister said on Wednesday he hoped Southeast Asia’s largest economy would continue to recover in the fourth quarter, forecasting gross domestic product would come in within a range of -1.6 per cent to 0.6 per cent on an annual basis. The economy shrank 5.32 per cent and 3.49 per cent in […]
Read MoreSihanoukville Special Economy Zone Co Ltd (SSEZ), the developer and operator of Cambodia’s largest industrial zone in terms of size and occupancy, on November 16 reiterated its interest in listing on the Cambodia Stock Exchange (CSX), tapping into the capital market to raise more funds. Deputy Prime Minister Hor Namhong said this following a meeting […]
Read MoreFOLLOWING the signing of the Regional Comprehensive Economic Partnership (RCEP), doors will soon open to attract more investments and swell Malaysia’s trade with partnering countries. Almost 60% of Malaysia’s trade involve RCEP members and around 56% of Malaysia’s exports go towards the countries covered by the RCEP, given that Asean’s 10 members are Malaysia’s top […]
Read MoreMANILA, Philippines — Ecozone locators will now be able to avail of the five percent gross income tax incentive to include COVID-related expenses as direct costs to maintain operations during the quarantine period. In a statement yesterday, the Philippine Economic Zone Authority (PEZA) said the Bureau of Internal Revenue (BIR) has approved the assistance being […]
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Thailand
