Thailand's non-performing loan ratio of commercial banks reduced to 3.6% at the end of last year, while lending increased by a strong 11.3%. As reported by Dow Jones International News, Bank of Thailand Senior Director Nawaporn Maharagkaga stated that the improving economy, after a series of political interruptions and the global economic slowdown, lifted banks' net profits by 34.5% to THB 120bn last year. The non-performing loans as a percentage of total loans was recorded at 4.8% at the end of 2009, while lending reduced by 1.8%. |
Hong Kong's composite interest rate declined 3 basis points (bps) registering 0.25% in February this year. As reported by News.gov.hk, the decrease in the composite rates was due to the decline ... more
Thailand's government is likely to offer financial support for export-oriented small- and medium-sized enterprises (SMEs) and the indigenous industry, resulting in an increase in volume and value ... more
Singapore's small businesses are expected to be having concerns regarding the new and diverse government incentive schemes, which were announced in the recent Budget. As reported by ... more