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Thailand and Malaysia Set Rules For Banks Entry Under ASEAN Accord

Malaysian banks seeking to operate in Thailand under a regional accord can open as many as 40 branches and should have at least 15...

Philippines To Hold Rates While Malaysia Set To Replace Base Rate...

As Philippines struggles with elevated Covid cases, the Philippine central bank is expected to keep its benchmark interest rate at a record low on...

Delta Surge Slows Down Asia’s Economic Recovery

A report by the Wall Street Journal on Monday (Aug 2) claims that the highly contagious Delta variant is stalling Asia's economic recovery after...

Why Zombie Companies Are A Threat To Economies Around The World

During a period of lockdown and recession, fewer companies failed. This was a result of a combination of furlough schemes to reduce wage bills,...

Economists Expect Singapore’s Economy to Grow Faster This Year, Survey Shows

Singapore's economy is likely to expand at a quicker pace this year than previously expected, as faster growth in manufacturing, non-oil domestic exports and...

Central Bank of Malaysia Approves RM12.1b Soft Loans for SMEs

About RM12.06 billion of soft loans for small and medium-sized enterprises (SMEs) has been approved by local lenders, facilitated by the central bank. Finance Minister...

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