KUALA LUMPUR: The worst is over for Malaysia’s property, with major impairment on unsold inventories having been mostly done over the last nine months. Maybank Investment Bank Bhd (Maybank IB) said positioning the sector for recovery is in line with better economic outlook in 2021. “In our view, the undemanding sector valuations of 0.4 times […]
Read MoreThailand’s industrial estate sector has a neutral outlook based on prospects of growing inflows of foreign direct investment (FDI) into Asean economies and the progress of the Eastern Economic Corridor (EEC) project, says Tris Rating. FDI inflows are projected to resume in the post-Covid-19 era, supported by the region’s relatively strong competitiveness, said Tris. Asean […]
Read MoreThe countries in the Regional Comprehensive Economic Partnership are set to benefit from a wide-ranging deal that will entice investors towards the region. Luong Hoang Thai, director general of the Multilateral Trade Policy Department under the Ministry of Industry and Trade, explained to Phuong Thu how the new deal would help global businesses entering the […]
Read MoreRetail sales in Indonesia dropped significantly in October and are expected to drop further in November in another sign that the nation’s economic recovery is losing steam as people’s purchasing power remains sluggish as a result of the coronavirus pandemic. According to a survey published by Bank Indonesia (BI) on Thursday, retail sales dropped 14.9 […]
Read MoreLooking ahead to 2021, the impact of the coronavirus pandemic is changing not just people’s choice of destination but also the type of trips they are most likely to take in the coming year. New research from the digital travel portal Booking.com reveals the five emerging trip types for 2021 to motivate and inspire travellers […]
Read MoreIt’s no secret that the tourism industry is a pillar of strength as both a key driver in the Kingdom’s GDP, as well as a major trickle-down contributor to the local economy. A less known fact though is that domestic tourism accounts for nearly twice the number of inbound tourists yearly. In 2019, a United […]
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Thailand
