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Philippines: Deficit-to-GDP ratio hits 6.9%

In 9 months MANILA, Philippines — The country’s budget deficit as a percentage of  gross domestic product (GDP) swelled to 6.9 percent from January to September due to higher expenditures in response to the coronavirus pandemic, according to the Department of Finance (DOF). In his latest economic bulletin, Finance Undersecretary and chief economist Gil Beltran […]

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Vietnam: Recovery continues

As opposed to that of supply, the recovery of demand remains weaker, which means that the recovery of growth in the coming time will depend largely upon whether consumers can bolster their purchasing power After eight months of slump in a row, Vietnam’s economy has begun to make a comeback during the last two months, […]

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Vietnam: Upward trend persists for M&A in real estate

The recent trend of transferring sub-projects to other developers in large-scale real estate complexes is considered one of the efficient ways to bring many benefits to developers, investors, and buyers. According to Ben Gray, director of Capital Markets at Cushman & Wakefield Vietnam, the concept of sub-project transfers is known in the market by some […]

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