The Viability Ratings (VR) of Thailand’s five largest banks are driven by their … their relatively weak asset quality and profitability compared to Fitch Ratings’ financial benchmarks of banks that …
Thai Large Banks Have Ratings Headroom Despite Weak Recovery
Related Fitch Ratings Content: Thai Large Banks Peer Review – 2021 Fitch Ratings-Bangkok … relatively weak asset quality and profitability ratios compared to Fitch’s financial benchmarks, which are …
Standard Chartered Bank maintains Thailand’s 2021 GDP growth forecast at 2.4%, expecting recovery to carry on
With the Bank of Thailand’s and the Finance Ministry’s latest relief measures totalling THB350 billion to aid hotel business operators, the second quarter of this year is tipped to be a turning point …
Why Iran desperately wants a new nuclear deal
The negotiation leverage that Iran has built up in wars, in terrorism and in partnerships in the region, is becoming a financial and political burden. Therefore, Iran needs the nuclear deal, and it …
Vietnam, Saudi Arabia work to boost bilateral cooperation
Deputy Minister of Industry and Trade Cao Quoc Hung and Deputy Minister of Economy and Planning of Saudi Arabia Bandar AlKhamies co-chaired the fourth session of the Vietnam-Saudi Arabia Joint …
Philippine Central Bank Chief Sees No ‘Drastic’ Liquidity Moves
We feel that our current monetary policy stance is still appropriate for the economy,” Governor Benjamin Diokno said.
Bond Rout Drove Japan Funds to Offload $5.8 Billion of U.S. Debt
Japanese investors turned sellers of U.S. sovereign debt to the tune of 618.7 billion yen ($5.6 billion) in February as the global bond rout forced them to cut losses.The net sales, the first since …
Climate challenge: Kerry due Friday to have discussions with Bangladesh
As the president of the Climate Vulnerable Forum and the Vulnerable Twenty Group of Finance Ministers, the spokesperson said, Bangladesh plays a leading role in combating climate change. Marcia …
Finance is vital for the success of COP26
Bangladesh was amongst the countries invited … This will be a key outcome for COP26 as, without financial support, the developing countries’ COP goals will not be achieved. Another positive outcome …
Pakistan calls for efforts to deal with various challenges
He said we must understand that no one will be safe until everyone is safe. The Pakistan envoy called for mobilizing national and international efforts especially finance to recover from the recession …