MANILA, Philippines — The country’s external payments position strengthened for the third straight month with the balance of payments (BOP) surplus hitting a six-year high of $2.7 billion in January amid strong inflows. Data released by the Bangko Sentral ng PIlipinas (BSP) Tuesday evening showed last month’s BOP surplus was a complete reversal of the […]
Read MoreMyanmar Post is among the state-owned enterprises (SOEs) that have been suffering losses over the last several years. The postal service first began with the setting up of the Sittwe Postal Office in 1827. Due to the advent of modern digital communications, the SOE’s revenue has declined drastically. People who used to rely on physical […]
Read MorePETALING JAYA: The FBM KLCI put up strong gains in yesterday’s trading session, rising 19.62 points or 1.15% to 1,726.18 points by the end of the day, recording its third day of gains. All Asian markets with the exception of Australia’s ASX rose, with gains in Malaysia being the strongest compared to other Asian markets. […]
Read MoreTHE Bank of Thailand (BOT) will speed up the development of two payment systems it is introducing to boost the confidence of buyers and sellers making social commerce and e-commerce transactions. The first of the two systems under development is known as Pay Alert and the other will facilitate escrow transactions. Both systems are expected […]
Read MoreLand prices in Phnom Penh continued to show signs of upward movement at the beginning of this year, led by Sen Sok district, while Chroy Changvar district remains stagnant, according to a real estate developer’s report. Key Real Estate’s land price research report said that with a 17.1 per cent growth rate from the beginning of […]
Read MoreCAPITALAND, which is planning to launch two Singapore residential projects this year, does not expect to actively look for opportunities in the sector unless it can get “good pricing”, said the group’s chief executive and president, Lee Chee Koon. Speaking at a briefing after the group released its fourth-quarter results, he said: “As a company, CapitaLand, given […]
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