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Vietnam’s credit growth hits four-year low

The Hanoitimes – Comparing to the credit growth in 2016 and 2017 at 18.71% and 18.17%, respectively, the growth rate in 2018 should be much lower, while the structure of credit has now been shifted to manufacturing and processing. Vietnam’s credit growth as of the mid of December has been kept below 16%, which is projected […]

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Thailand: Hike in BoT policy rate likely

HSBC Global Research expects the Bank of Thailand (BoT) to hike its policy rate by 25 basis points (bp) at the upcoming meeting on December, 19 after holding it unchanged for more than three years.  At the meeting on 14 November, three members voted for a 25bp hike. Only one more vote is needed to […]

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Indonesia books $2.05 billion trade deficit in November

Indonesia’s trade deficit reached US$2.05 billion in November, Statistics Indonesia (BPS) announced on Monday. The figure is higher than the $2.03 billion recorded in July, which was then the highest deficit in the last five years. The increase was triggered by a $1.46 billion monthly deficit in oil and gas trade despite declining oil prices, both […]

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