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Thailand: Condos, low-rise homes still hot

Thailand’s overall residential market in 2018 is expected to stay positive and continue improving from last year with growth of 7.9% on the demand side and 10.9% on the supply side, largely due to stronger confidence and a robust economy.  Vichai Viratkapan, acting director-general of the Real Estate Information Center (REIC), said the market this year […]

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Malaysia observing US steel tariffs development

SUBANG: Malaysia is currently observing the development of the US decision to impose new import tariffs on steel and aluminium, in terms of reactions from the affected countries. Second International Trade and Industry Minister Datuk Seri Ong Ka Chuan said the Government wanted to be prudent on the matter as the US has been one of […]

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Uncertainty over future of cryptocurrencies in Cambodia

On Wednesday, Deputy Prime Minister Men Sam An stood in front of a conference hall in Phnom Penh to give the opening remarks for the launch of a new cryptocurrency, Entapay, encouraging the company to follow relevant laws in Cambodia. But crypto enthusiasts in the Kingdom say that’s easier said than done. Cryptocurrency exists in […]

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Philippines – DOF: TRAIN impact led to inflation spike in Feb

MANILA, Philippines — The higher-than-expected inflation rate in February may be attributed partly to the implementation of the newly implemented tax reform law, the Department of Finance (DOF) said yesterday. Finance Undersecretary Karl Kendrick Chua said the increase in inflation was due to the effects of the Tax Reform for Acceleration and Inclusion (TRAIN) Act […]

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Exim Thailand looks to lead CLMV push

Export-Import Bank of Thailand (Exim Thailand) aims for 9% lending growth this year, with a focus on small and medium-sized enterprises (SMEs) and outbound investment in Cambodia, Laos, Myanmar and Vietnam (CLMV). Should the target hold true, the bank’s outstanding loans will reach 100 billion baht this year, said president Pisit Serewiwattana. The bank’s total […]

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