Asean is facing existential threats such as climate change and environmental degradation, which could potentially lead to financial instability and social unrest, according to the 2019 sustainable Banking Assessment (SUSBA) by the Worldwide Fund for Nature (WWF). The study found that the 35 Asean banks assessed were not responding fast enough to these threats, based […]
Read MoreThe cabinet on Tuesday gave the green light to a 316-billion-baht stimulus package deemed vital to boosting the country’s economic growth by 0.5-0.6 percentage points this year. According to Finance Minister Uttama Savanayana, the stimulus package consists of three main groups of measures: additional allowances to low-income earners and the elderly; a debt suspension scheme […]
Read MoreThe Hanoitimes – The years of 2018 and 2019 have seen a new wave of Vietnam’s startups that raised US$50 million to $US100 million rounds for the first time. If this trend progresses, it is expected more Vietnamese companies would approach the US$0.5 billion and eventually US$1 billion valuation mark in the years to come. In […]
Read MoreKUALA LUMPUR/JAKARTA: Leading palm oil players in Indonesia see production growth being hit in the short to medium term, as the world’s top grower of the edible oil faces drought across major planting regions that is expected to delay fruit ripening and lower output. Drought has hit large parts of the archipelago as a mild […]
Read MoreThe Hanoitimes – The stable outlook for Vietnam`s banking system reflects the country`s robust economic performance, which will support asset quality and profitability. Vietnam’s banks have been cleaning up their balance sheets, supporting asset quality, and the systemwide problem loan ratio is expected to decline to 4.8% at the end of 2020 from 5.1% at the […]
Read MoreThe Department of Internal Trade (DIT) will proceed with its project to control the price of medicines at private hospitals now that it has received their price lists. Hospitals selling medicines above the median price set by the department will face fines and/or imprisonment. Also, since August 16, every hospital has been required to print […]
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Thailand
