Banks will also extend a moratorium on loans and restructure repayment for individuals and businesses, while the government will expedite disbursement of cash aid to low income families and individuals and broaden the scope of a wage subsidy plan for employers. … [Read more...] about Malaysia to roll out additional $3.7 billion stimulus measures: PM
Debt repayment tips
Vinalines to cut interest in loss-making Vitranschart to 36 per cent
The ship giant will cut its holdings in nine others, namely VOSCO (from 51 to 49 per cent), Vinaship (from 51 to 36 per cent), Haiphong Port (from 92.56 to 65 per cent), Danang Port (from 75 to 65 per cent), Can Tho Port (from 99.05 to 51 per cent), Cam Ranh JSC (from 80.9 to 51 per cent), Cai Lan Port (from 56.58 to 51 per cent), Transvina (from 56 to 51 per cent), and Khuyen Luong Port (from 49 to 36 per cent). … [Read more...] about Vinalines to cut interest in loss-making Vitranschart to 36 per cent
Foreign aid disbursement falls way short of 2020 target
Many ministries, sectors and organizations reached a low disbursement rate, including the Ministry of Planning and Investment, the Ministry of Culture, Sports and Tourism, among others. The Ministry of Agriculture and Rural Development committed to disbursing all of its allocated foreign loans but reached a disbursement rate of only 41.7 percent as of November 30. … [Read more...] about Foreign aid disbursement falls way short of 2020 target
German police set sights on Vietnamese people smuggling
A Europe-wide operation will be launched this year to tackle the problem initiated by the BKA and bringing in police from countries including Poland, Britain, the Netherlands, Austria, Switzerland, the Czech Republic and Belgium as well as EU law enforcement agency Europol. … [Read more...] about German police set sights on Vietnamese people smuggling
Clearing path for safer corporate bond market
By industry, realty businesses were the most active bond issuers in the first half of 2020, accounting for 35 per cent of the aggregate issuance amount, versus only 16 per cent in the same period of 2019. In the same period, the issuance value of real estate increased by 197.6 per cent on-year, of which the top three issuers were Vinhomes JSC, TNR Holdings JSC, and Sovico Holdings. … [Read more...] about Clearing path for safer corporate bond market