3847283
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Thailand – BoT: SME debtors need extension

Some 5% of total outstanding debts of borrowers classified in the small and medium-sized enterprise (SME) segment still need to extend their participation in the debt holiday programme until June 2021, says the Bank of Thailand. The debt holiday extension for the 5% portion of SME debtors, who have a credit line of no more […]

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The border trade between Myanmar and India through Tamu border gate resume promptly in line with health guidelines

Border trade (Tamu) between India and Myanmar will resume as soon as possible in accord with the guidelines of the Ministry of Health and Sports.  “The union minister for commerce urged the resumption of border trade in line with the Covid guidelines and rules by making bilateral communications. In the coming week, the regional government […]

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sin01
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Fewer mergers and acquisition deals in Singapore as Covid-19 disrupts investment activity

SINGAPORE – Singapore saw fewer mergers and acquisitions (M&As) and other deals amid the coronavirus-induced recession this year, said a report on Tuesday (Dec 22). A total of 640 transactions worth US$65.3 billion (S$87 billion) – including M&As, initial public offerings (IPOs), and private equity and venture capital deals – were recorded from December 2019 to […]

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malay01
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Malaysia: Bank Negara foreign reserves up

PETALING JAYA: Bank Negara’s international reserves rose US$400mil to US$105.7bil over the two weeks to Dec 15. It said in a statement that its reserves position is sufficient to finance 8.8 months of retained imports and is 1.2 times total short-term external debt. The main components of the international reserves comprised foreign currency reserves at […]

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