Thailand has introduced measures that include a liquidity support fund worth 70-100 billion THB (2.2-3.2 billion USD) to reduce riska in the debt market amid the spread of the COVID-19 outbreak.
The volume of corporate bonds issued during February has reduced remarkably compared to the previous month due to the negative impacts of the COVID-19 epidemic on the stock market.
The Ministry of Finance will tighten regulations over corporate bond issuance because of an overheating market to protect investors and prevent risks which might arise from the abuse of this capital raising channel.
Governor of the Bank Indonesia Perry Warjiyo has said foreign capital flow to the country totalled 16.07 billion USD in 2019 despite global economic uncertainties.
The domestic gold price saw its strongest growth in three months in the week of December 23-29 after beating the milestone of 42 million VND (1,817.40 USD) per tael.
Vietnam's real estate market will not be short of capital next year but will still face many challenges from policies and administrative procedures, experts said at the annual Vietnam Real Estate Forum.
Investors should make careful decisions when purchasing corporate bonds, especially coming with high yield rates, to avoid risks, the Ministry of Finance (MoF) has said.
Banks are advised to have meticulous consideration before lending BOT and BT infrastructure projects as outstanding loans for the projects are likely at risk of turning into non-performing ones.
The bond market continued to grow in the second quarter of 2019, by 2.6 percent from Q1, to 52.9 billion USD, including 48 billion USD worth of G-bonds and 5 billion USD worth of corporate bonds.
Vietnam’s local currency bond market grew 2.6 percent to 52.9 billion USD in the second quarter of this year, after a 0.7 percent expansion in the first quarter.
A total of 117 trillion VND (5.03 billion USD) worth of corporate bond notes were raised in the first eight months of 2019, according to SSI Securities Corporation’s research unit.
The State Bank of Vietnam (SBV) has instructed local banks to better control risks in corporate bond investment, especially bonds of real estate firms.
Real estate enterprises in Ho Chi Minh City are waiting for new measures to help them deal with difficulties related to policies and credit so as to grow more stably and sustainably.
Deputy Prime Minister Vuong Dinh Hue chaired a meeting of the Steering Committee for Business Renovation and Development in Hanoi on July 8 to review equitisation, divestment and restructuring of State-owned enterprises (SOEs) and corporate development in the first half and tasks for the remaining months of this year.
World
