HONG KONG: Manufacturing gauges for some of Asia’s most export-driven economies slipped into negative territory in October, highlighting the spillover effect from the U.S.-China trade war. The contractions follow evidence of a broad-based slowdown in China that has prompted the government to promise new measures to stoke growth. In the latest sign that trade war […]
Read MorePETALING JAYA: The Malaysian Institute of Estate Agents (MIEA) is urging the Finance Ministry (MoF) to redress the challenges in the real estate services sector. In a statement yesterday, the association said it wants the government to review and evaluate the effective managing of the profession and determine its future direction, adding that MIEA has […]
Read MoreMANILA, Philippines — Inflation likely eased in October due to lower prices of food items and power rates, the Bangko Sentral ng Pilipinas (BSP) said yesterday. According to the BSP’s Department of Economic Research (DER), inflation may settle within the 6.2 to seven percent range in October. “This corresponds to a month-on-month inflation forecast range of -0.2 to 0.6 percent, which is in […]
Read MoreThe Bank of Thailand has grown more pessimistic about the prospects of achieving its export growth forecast of 9% this year as the intensifying trade dispute between the world’s top economies dampens global demand. Export value contraction in September was beyond the central bank’s current forecast and full-year growth could be slower than projected, said Pornpen […]
Read MoreProperty-market watchers say the increasing availability of home loans, the introduction of the Condominium Law 2016, and stable market makes this a good time for those looking homes to start considering taking the plunge. At present, management bodies that will enforce condominium rules and regulations are starting to emerge and as soon as they are […]
Read MoreSINGAPORE – OCBC Bank’s digital transformation is bearing fruit with more customers transacting digitally while helping to drive costs down, said its chief executive Samuel Tsien. But OCBC will not create digital banks, nor apply for an Internet bank licence in Hong Kong, said Mr Tsien on Thursday (Nov 1) following the release of its […]
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