SINGAPORE: Singapore may increase its supply of public housing next year as the city-state introduced measures Tuesday aimed at making such homes more affordable. Minister for National Development Lawrence Wong said the measures would help more Singaporeans from lower to upper-middle income households buy their first homes. The Housing & Development Board, which is the […]
Read MoreKUALA LUMPUR: Malaysia’s industrial production index (IPI) expanded by 1.2% in July, which was slower than a Bloomberg forecast of a 3.1% increase. Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin the growth in July was driven by the increase in the index of the manufacturing (4%) and electricity (2%) segements. However, the index of […]
Read MoreThailand and Myanmar have long had business and economic ties, with the Thais even establishing a trade and business centre in Yangon. Last year, trade volumes between the two countries reached US$7.5 billion, representing a year-on-year increase of 7 percent. Moving forward, Thanawut Naigowit, who was appointed as Thai Economic Counsellor and Director of the […]
Read MoreJAKARTA: The World Bank projects Indonesia’s economic growth will slide to below 5% next year and warned of the potential for “severe” capital outflows as global risks including the US-China trade war intensify. The forecasts were presented to Indonesian President Joko Widodo, according to two people with knowledge of the matter, who didn’t want to be […]
Read MoreThe annual Mastercard Global Destination Cities Index has again named Bangkok the No.1 destination city globally and in Asia-Pacific, with more than 22 million international overnight visitors. The index contains a region-specific subset for Asia-Pacific. This is the fourth straight year the capital has grabbed the top spot in the global index, which ranks cities […]
Read MoreTechnological developments have come thick and fast in the kingdom, with mobile phone penetration reaching 25.05 million according to a report by We Are Social and Hootsuite. The 2019 Digital Cambodia report highlighted an 8.9 percent growth in the number of mobile subscriptions owned and a 56 percent growth in internet users compared to 2018. […]
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