Asean is scheduled to clinch a pact on mutual recognition arrangements (MRAs) for automobiles and building and construction materials next month in a move to reduce production costs and foster trade among members. Sansern Samalapa, vice-minister to the commerce minister, said that despite the Covid-19 crisis, Asean members have continued working closely on MRAs for […]
Read MorePETALING JAYA: All eyes continue to be focused on the provisions made by the banking sector as the earnings season for the second quarter of 2020 comes to a close. There are expectations that the banking and lending sector should increase its provisions as a precautionary measure as the fallout from the Covid-19 pandemic continues. […]
Read MoreSINGAPORE (THE BUSINESS TIMES) – Bank lending in Singapore extended its slide for the fifth straight month in July, dipping 0.2 per cent from the previous month, preliminary data from the Monetary Authority of Singapore (MAS) showed on Monday (Aug 31). Loans through the domestic banking unit – which captures lending in all currencies, but […]
Read MoreThe Hanoitimes – Core inflation rose 2.66% year-on-year in the first eight months of 2020. Vietnam’s consumer price index (CPI), the main gauge of inflation, in August increased 0.07% against the previous month, but dipped 0.12% versus the end of 2019, both at the weakest levels in the 2016 – 2020 period, according to the General […]
Read MoreTour operators have suggested arranging tours for those who want to get Covid-19 vaccinations abroad, though they are awaiting a clear set of rules and regulations before selling packages. Thais took 10.6 million overseas trips with estimated spending of 340 billion baht in 2019, but the pandemic this year has forced outbound operators to close […]
Read MoreDespite the continuing rise of COVID-19 cases and the weakening economy, the Philippine peso remains strong. In fact, its performance is a standout in Asia. The peso closed at 48.485 against the US dollar last Friday, its strongest level in three in half years. It has gained 4.3 percent year-to-date, significantly outperforming other currencies in […]
Read More
Thailand
