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NEWS UPDATES Asean Affairs   1 April  2016  






Singapore bank lending dips in February as general commerce loans slide

SINGAPORE: The Republic's total bank lending in February fell from January on a decline in loans to general commerce, central bank data showed on Thursday (Mar 31).

Loans and advances by domestic banks in the city-state amounted to S$596.2 billion in February, data from the Monetary Authority of Singapore showed. That compared with S$600.2 billion in January.

February bank lending slid 1.2 per cent from the year-earlier level of S$603.5 billion.

Housing and bridging loans in February stood at S$185.3 billion, similar to January's level. These loans totalled S$178.4 billion in February last year.

Loans and advances in non-Singapore Asian currencies (ACU) totalled S$533 billion in February, down from S$545.9 billion in January.



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ASEAN  ANALYSIS

This year in Thailand-what next?


AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

 


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