MINISTER of Economy and Finance Aun Pornmoniroth approved in principle the concept of strategic framework for establishing the Credit Guarantee Corp Cambodia, according to a statement from the Ministry of Economy and Finance (MEF). MEF’s statement read that the initiative of the establishing corporation is to align with the government’s response mechanism for the fourth-round […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has approved the exclusion of debt securities held by market makers from the credit exposure limit to a single borrower as part of measures to maintain confidence and liquidity in the financial markets amid the global health crisis. BSP Governor Benjamin Diokno has issued a circular […]
Read MoreSINGAPORE (THE BUSINESS TIMES) – Rents of office space in the central region of Singapore remained unchanged in the second quarter of 2020 over the previous three months. This compares with a 0.8 per cent drop in the first quarter of this year. Figures released by the Urban Redevelopment Authority (URA) on Friday (July 24) […]
Read MoreThailand could drop to the world’s third largest rice exporter, after Vietnam and India, due to a prolonged drought, which has affected rice output, and the strength of the baht currency. Pol Lt Charoen Laothammatas, president of the Thai Rice Exporters Association, disclosed today (Wednesday) that, for the first half of this year, Thailand exported […]
Read MoreVietnam’s economy is expected to gain enormously from the FTA with the EU. However, the country will face major criticism unless it adopts labor and human rights reforms. By Umair Jamal In February, the European Parliament approved a free trade agreement (FTA) with Vietnam and last month, Vietnam’s National Assembly ratified the agreement with overwhelming support. According to […]
Read MoreIndonesia needs to reconsider the benefits it gets from being part of the Asean Economic Community, the head of the country’s investment board said on Wednesday, after data showed foreign direct investment fell for a second straight quarter. Southeast Asia’s largest economy attracted 97.6 trillion rupiah (US$6.7 billion) of FDI in April-June, excluding investment in banking […]
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