March 13, 2009
LookAtVietnam – The Government’s subsidized lending program has heaped praise from the corporate sector but bankers have expressed concern that some might profiteer from loopholes in this stimulus program. An expert warned that the Vietnamese dong had fallen about 10% against the U.S. dollar since January last year, and that it would lose value by [...]
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February 11, 2009
Private companies in Asia risk being crowded out of debt markets this year as governments in the region boost bond sales to fund economic stimulus measures, according to the Asian Development Bank (ADB). âCompanies will face multiple refinancing risks in 2009 as they navigate through a combination of rising borrowing costs and increased competition from [...]
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