SINGAPORE: Hotel deals in Singapore are set for a record amid a surge in tourist arrivals buoyed by people wanting to avoid the protests in Hong Kong. Hospitality transaction volumes were an unprecedented S$5.7 billion ($4.2 billion) as of Nov. 30, according to preliminary figures from Colliers International Group Inc., about five times 2018 and […]
Read MoreAirports of Thailand (AoT) expects milder competition on Wednesday when it accepts bids from contenders vying for the right to operate duty-free shops at Don Mueang airport. AoT president Nitinai Sirismatthakarn said the contest is unlikely to be as fierce as the one to run duty-free and other commercial operations across four airports, as contenders […]
Read MoreKUALA LUMPUR: Malaysia’s headline inflation is expected to increase modestly in 2020, with consumer price inflation to average higher in the range of 1.5%-2% next year compared with 0.7% projected for 2019, said the World Bank Group. In its 21st edition of the Malaysia Economic Monitor “Making Ends Meet” report launched yesterday, it said the higher […]
Read MoreRENTS for non-landed private homes in Singapore rose in November from the previous month, while those for HDB flats slipped, though they were both higher as compared to a year ago. Overall condo rents increased 1.2 per cent from October, and is up by 4.6 per cent year on year. However, they are still 16 […]
Read MoreMANILA, Philippines — Net inflows of foreign direct investments (FDI) declined for the seventh straight month in September as investors continued to hold off their investment plans in emerging markets, including the Philippines, until global growth outlook improves, according to the Bangko Sentral ng Pilipinas (BSP). Latest data released by the BSP showed net FDI […]
Read MoreEight emerging and evolving digital trends will help small and medium-sized enterprises (SMEs) in Thailand operate more efficiently and contribute more significantly to GDP and the digital economy, according to Zoho Corp, an Indian developer of web-based business tools. Gibu Mathew, vice-president and general manager for Asia-Pacific, discusses the trends. 1. Digitised economy: Phenomena such as […]
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