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Business 26 Oct 2021 | 7:00 AM

S. Korea to enhance efficacy of lending rules

SEOUL: South Korea will unveil measures to curb household debt in a way that “strikes a balance” between toughening lending rules based on borrowers’ repayment capability and protecting those in actual need of loans for home rentals, according to the head of the country’s financial regulator.

Business 22 Oct 2021 | 7:00 AM

Thailand scraps mortgage lending cap to support fragile economy

BANGKOK: Thailand’s central bank has temporarily suspended home-mortgage lending limits to revive the sluggish property market and pandemic-hit economy, fuelling a rally in shares of real estate developers.