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Singapore Q3 home prices rise for first time in 4 years

SINGAPORE: Singapore’s private home prices rose in the third quarter for the first time in four years, ending a stretch of 15 consecutive quarters of declines, the government’s preliminary estimates showed on Monday. The private residential property index rose 0.5% to 137.3 in the third quarter, after easing 0.1% in the second quarter, the Urban […]

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Myanmar renews SEZ push

Myanmar’s special economic zones (SEZs) are a central part of a revitalised economic strategy in which increased manufacturing activity will play a key role. And breathing renewed life and energy into stagnant or stalled SEZs has moved to the top of the government’s agenda. “SEZs promote the transfer of technology, encourage infrastructure development and attract […]

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Cambodia: Looking to the future with e-payment technology

Vincent Ling, the deputy general manager at UnionPay International Southeast Asia, talks to Khmer Times’ Chea Vannak about the latest development in e-payment technology in Cambodia. KT: How has UnionPay evolved in Cambodia in recent years? Vincent Ling: Since 2008 we have extended our acceptance network in the country to allow our clients to use their UnionPay cards […]

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Vietnam: Alarm over foreign currency lending growth

According to the National Financial Supervisory Commission, in the first eight months of the year, lending in foreign currencies jumped by 11.5 per cent compared to only 1.7 per cent in the same period last year. It was slightly higher than the growth in dong credit.  Interest rates on loans in foreign currencies are much lower […]

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