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Thailand: Public debt seen hitting 57% of GDP

The ratio of public debt to GDP in the next five years should not exceed the 60% ceiling even if taking into account the 1-trillion-baht loan decree, though the estimate excludes the probability of additional loans, says a senior finance official. The Public Debt Management Office (PDMO) has told Finance Ministry authorities that public debt […]

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Malaysia: Hazy outlook for manufacturing in Q4

PETALING JAYA: The country’s manufacturing activity in the fourth quarter of the year (4Q20) could slow further as fears of a new wave of Covid-19 transmissions could affect factory operations and see delays in investment decisions. In September, the Purchasing Managers’ Index (PMI), an indicator of the economic health of the manufacturing sector, remained in […]

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Thailand – Colliers: Price cuts helped condo supply move along

Prices set at a 20% discount to those offered for existing nearby units and good locations were two factors helping new condo supply sell out during third-quarter launch periods, say property consultants. Phattarachai Taweewong, associate director of research and communications at Colliers International Thailand, said condo demand and supply recovered in the third quarter after […]

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