MANILA, Philippines — Wholesale prices of building materials in Metro Manila, which influences the cost of government projects, rose at a slower pace in July, the Philippine Statistics Authority (PSA) reported. Growth in the Construction Materials Wholesale Price Index (CMWPI) in the National Capital Region (NCR) slowed to 8.4 percent in July 2018 from 8.8 […]
Read MoreIndonesia’s rupiah has regained the crown of being Asia’s most volatile currency. Concern about the nation’s widening current-account deficit has focused attention on the currency amid a global selloff in emerging markets. A gauge of the rupiah’s swings over the past three months has surpassed those of South Korea’s won, ending a period of relative […]
Read MoreThe government will sign 17 memorandums of understanding (MoUs) with Chinese counterparts, expecting to capture new trade and investment for the flagship Eastern Economic Corridor (EEC) scheme. “The aim is to connect the EEC to China’s One Belt, One Road initiative,” Industry Minister Uttama Savanayana said, referring to the scheme to link southern China with Southeast Asia […]
Read MoreSINGAPOREAN investors have spent in total US$4.6 billion on cross-border real estate transactions in the 12 months through to the second quarter of 2018, according to a report released by Real Capital Analytics (RCA). RCA, a real estate and market intelligence provider, ranked Singaporean investors as the second most active in Asia-Pacific during the reported […]
Read MoreThe Hanoitimes – Vingroup – Vietnam`s largest privately-run conglomerate – is expected to increase its charter capital by VND840 billion (US$36.08 million) to VND32.75 trillion (US$1.4 billion) after the share issuance. Vingroup expects to raise VND9.32 trillion (US$400 million) by issuing preference shares to Hanwha Vietnam Opportunity Private Fund 1 under Hanwha Asset Management, an affiliate […]
Read MoreAMID its ongoing transformation programme, Singapore Airlines (SIA) is turning its focus to a branding makeover, while seeking to sharpen its digital capabilities by partnering with e-commerce giant Alibaba. According to a 23-page Request for Information (RFI) seen by The Business Times, the airline is carrying out a tender to bring onboard a creative agency […]
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Thailand
