PETALING JAYA: The automatic loan moratorium provided many households with immediate temporary financial relief, particularly those who had lost their jobs and were experiencing income declines. “At its peak, close to 90% of household borrowers with about 87% of outstanding household loans in the banking system, were under the moratorium as most borrowers elected to […]
Read MoreThe Hanoitimes – Glenn Hughes, head of LOGOS Vietnam Logistics Venture, told Hanoitimes about his company’s opportunities and plan to contribute to the modernization of Vietnam’s logistics property sector. How do you see the impacts of Covid-19 on the logistics property industry in Vietnam? Why did the company decide to establish the new Vietnam Venture in […]
Read MoreCambodia is gearing up for bilateral trade deals with partner countries after the partial removal of the EU’s trade preferential scheme, known as Everything but Arms (EBA), on Aug 12. Experts said the Kingdom should have rammed up efforts to negotiate free-trade agreements (FTAs) with other markets long ago to prevent the sudden loss of […]
Read MoreThe Federation of Thai Industries (FTI) is worried about a further economic blow if the latest political conflict escalates, warning Thailand cannot absorb more risk during the pandemic downturn. The warning was issued on Wednesday as anti-government protesters staged a rally on Ratchadamnoen Avenue, the same venue where pro-monarchy, yellow-clad supporters gathered to receive His […]
Read MoreKUALA LUMPUR: While businesses have started to recover with the gradual easing of the movement control order (MCO) since May, the recovery has been uneven, according to Bank Negara. It said the performance of Malaysian non-financial corporates (NFCs) deteriorated in the first half of 2020. Tourism-related and services industries were notably among the most impacted […]
Read MoreThe Bank of Thailand is assessing a move to relax regulations related to offshore market investment for individual investors to help manage foreign exchange amid excess capital across the world. The central bank has discussed with regulatory bodies relaxing conditions for foreign asset investment for local individual investors. The adjustment would provide more opportunities for […]
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Thailand
