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Philippines: Q3 residential estate prices down 0.4%

Residential real estate prices in the country slipped by 0.4 percent year-on-year in July to September, while it contracted 14.1-percent quarter-on-quarter, data from Bangko Sentral ng Pilipinas (BSP) showed. BSP on Wednesday said the negative year-on-year growth of the Residential Real Estate Price Index (RREPI) in the third quarter is its first since beginning the […]

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Vietnam credit growth hits 10.14% as of December 21

The Hanoitimes – The banking system has been providing support for 590,000 customers, mainly in forms of debt restructuring or freezing and waiving debt payment with outstanding loans worth over VND1,000 trillion (US$43.31 billion). Vietnam’s credit growth as of December 21 is estimated at 10.14% against the end of last year and up 11.62% year-on-year. Vice […]

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Malaysia: Higher tax burden for plantation firms

PETALING JAYA: With the rally in crude palm oil (CPO) prices owing to stronger global demand and lower production, the world’s two largest palm oil exporting countries, Indonesia and Malaysia, are taking advantage of the higher prices through increased taxes on the commodity. In just weeks after Indonesia raised its taxes on CPO exports, Malaysia […]

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Thailand: Tourism gloom ‘won’t improve’

There is little hope of attracting international arrivals during the first quarter of next year as the coronavirus pandemic continues to spread in Thailand, Tourism and Sports Minister Phiphat Ratchakitprakarn says. Mr Phiphat said on Wednesday there is no need for the country to tighten travel restrictions on foreign passengers from the UK or other […]

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Vietnam becomes fastest growing nation brand

Vietnam has become the fastest growing national brand in Brand Finance’s ranking this year, with its brand value skyrocketing by 29 per cent to US$319 billion. The country climbed nine places from last year to 33rd in the Nation Brands 2020 list of the world’s 100 most valuable brands compiled by the UK independent branded […]

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