Page 4 – ASEAN Economic Community Strategy Center

ADB targets record $3.3 billion lending for Philippines this year

MANILA, Philippines — The Asian Development bank (ADB) is targeting to lend a record $3.3 billion to the Philippines this year, with around half to be provided in support of the government’s infrastructure program. This lending pipeline will likely include priority infrastructure projects such as the South Commuter Railway, the EDSA Greenways Pedestrian Walkways and […]

Cambodia: No more stamp duty on homes sold under $70k

The government has decided to exempt the 4 percent stamp tax on all residential properties valued less than $70,000 until January to contribute to sustaining the country’s economic growth. It wants to encourage business activity in the real estate and construction sector. Meanwhile, the government also wants residential developers to consider the possibility of discounting […]

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ADB targets record $3.3 billion lending for Philippines this year

Cambodia: No more stamp duty on homes sold under $70k