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Hanoi, HCMC are top picks for hotel investment in Vietnam

The Hanoitimes – Foreign investors are actively seeking investment opportunities with higher returns in Vietnam via operating hotel assets with in-place cash flow. Hanoi and Ho Chi Minh City, the two largest metropolises in Vietnam, are expected to remain as the top two destinations for hotel investment in the country, according to JLL Vietnam. They are […]

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Singapore SMEs more targeted in acquisitions but less keen on new economy businesses

Small and medium-sized enterprises are increasingly targeted in their acquisition strategies but they continue to trail their larger counterparts when it comes to investing in startups to leverage their disruptive technologies. “We’ve noticed this shift in the last three years,” says Vikram Chakravarty, EY Asean transaction advisory services leader. “Ten years ago, we didn’t think SMEs […]

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Bank of Thailand cuts rate to 1.25 per cent

The Bank of Thailand’s monetary policy committee voted on Wednesday (November 6) to cut its key policy rate by 25 basis points to 1.25 per cent. It is the second rate cut this year after a 1.5-per-cent trim in August, which was the first cut in four years. Today’s committee meeting saw five members vote […]

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Indonesia economy slows as commodity price slump bites

JAKARTA (AFP) – Indonesia posted another quarter of slowing growth yesterday, its weakest pace in two years, as Southeast Asia’s biggest economy feels the sting of slumping commodity prices. The economy expanded 5.02 per cent in the July-September period, slipping from 5.17 per cent in the same period last year, and the weakest since 2017. […]

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