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Philippines: Remittance growth fastest in 9 months

MANILA, Philippines — Money sent home by Overseas Filipino Workers (OFWs) recovered in July, recording the fastest growth in nine months, the Bangko Sentral ng Pilipinas (BSP) reported yesterday. BSP Governor Benjamin Diokno said personal remittances went up by 7.2 percent to $2.87 billion in July from $2.67 billion in the same period last year. […]

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Malaysia: Pricing, valuation impacting housing sector

KUALA LUMPUR: Two pressing issues facing Malaysia’s housing sector are pricing and valuation, according to the Board of Valuers, Appraisers, Estate Agents and Property Managers president Ahmad Zailan Azizuddin. “The valuation of new houses, of new housing schemes, cost, pricing and valuation are pressing issues. “Does cost equal value? What are the ways to mitigate […]

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