A series of blockbuster land deals in Singapore this year signal the city-state’s property market is set to break out of its prolonged slump in 2018. A Chinese group lobbed a winning record bid for a residential plot, while Guocoland Ltd. paid a record per-square foot price for an office development site in the central business […]
Read MoreNational Development Planning Minister Bambang Brodjonegoro has expressed his pessimism that the government will achieve its target of 5.2 percent economic growth. The estimation was made based on the 5.03 percent growth in the third quarter. “The government is struggling to achieve 5.2 percent economic growth,” said Bambang as quoted by tempo.co. However, he added, to […]
Read MoreThe Bank of Thailand has given the green light for the first five banks’ quick response (QR) code payment services to exit its sandbox, enabling them to commercially roll out the much-touted system that scans a bar code on smartphones. The five banks — Kasikornbank, Siam Commercial Bank, Krungthai Bank, Bangkok Bank and Government Savings […]
Read MoreHANOI – The number of foreigners buying real estate products in Vietnam has increased, but the domestic property market needs policies to attract more foreign investment, according to experts. Nguyen Trong Ninh, director of the Housing and Real Estate Market Management Department under the Ministry of Construction, said a policy on licensing foreigners buying and owning […]
Read MoreTEMPO.CO, Jakarta – Head of lntermediary Business Schroders Investment Management Indonesia Teddy Oetomo predicted that Indonesian economy in 2018 will be better than in 2017. This is resulted from the campaign period. “Next year, the number of elections will expand compared to that in 2017. In 2018, money circulating in the campaign will be stronger and higher in […]
Read MoreA recent report by the World Economic Forum underscored the Kingdom’s poor performance in educating and training its citizens in order to develop a competitive workforce and put their skills to productive use, ranking it for the first time in its annual review as the worst in Asean. Cambodia ranked 92nd out of 130 countries […]
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