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Philippines: Q3 GDP growth ‘likely steady at 6.5%’

Philippine economic growth was likely steady in second quarter given continued domestic spending and export gains, First Metro Investment Corp. (FMIC) and the University of Asia and the Pacific (UA&P) said on Monday. “Solid domestic demand, spurred by national government and consumer spending and rising external demand, appear to be in synch to ensure another […]

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Malaysian Govt Praises Indonesia’s Ease of Investment

TEMPO.CO, Jakarta – Malaysian Deputy Minister in Prime Minister’s Department Dato Razali stated that Indonesia, under the administration of Jokowi – Jusuf Kalla, appreciates and honors foreign investments and is serious in improving Indonesia’s ease of investments and businesses. Malaysian FIC Properties Sdn Bhd (FICP), which is a subsidiary of the state’s Federal Land Development Authority (FELDA), has acquired […]

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Thailand: Residential developers cautious on investment

Residential developers remained cautious on investment in the third quarter amid low consumer confidence and slowed economic activities, according to a survey by the Real Estate Information Center (REIC). Surachet: Sluggish economy in Q3 The centre reported that the housing developer’s expectations index dropped to 61 points in the third quarter from 67 in the […]

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