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KUALA LUMPUR: Aeon Credit Services Bhd reported improved profits in the last quarter ended Feb 28 on lower impairment losses and higher bad debt recovered.
HANOI (Vietnam News/ANN): Prime Minister Nguyễn Xuân Phúc ordered the health, tourism and diplomatic sectors to study and issue a 'vaccine passport' mechanism in order to promote trade and investment while addressing the Government’s regular meeting on Wednesday (March 31).
MUMBAI: India’s biggest banks face reduced uncertainty on their profit outlook after a top court’s decision forced lenders to resume classifying and disclosing bad debt.
Tengku Zafrul reiterated that the statutory debt limit has not yet exceeded the 60% debt ceiling
LONDON: HSBC Holdings Plc is considering the return of some global leaders to the bank’s original hometown, reinforcing Asia’s role as its centre of gravity.
SYDNEY: Westpac Banking Corp (pic) on Wednesday reported a rebound in first quarter profit, benefiting from a reversal in bad debt charges as the Australian economy and the housing market recover from the coronavirus pandemic.
PETALING JAYA: Continued healthy demand for fibre connection and low customer churn will hold up Time dotCom Bhd’s earnings for the fourth quarter (Q4) of financial year ended Dec 31,2020.
INDIA’s economy has suffered more than most from the pandemic and so have its people. The country has lost more than a year’s worth of growth and perhaps a decade’s progress in its efforts to reduce poverty.