A leading international monetary organisation has advised regional governments – including Cambodia – to not become debt adverse and ensure working capital is available during and after the COVID-19 pandemic, in an effort to ensure liquidity is kept in the market for commercial lenders to flow through to small and medium enterprises. The comments have […]
Read MoreThe Hanoitimes – Any currency weakness is likely to be mild so as to avoid possible sanctions from the US given Vietnam’s inclusion in the US Treasury’s currency manipulator watch list. Fitch Solutions, a subsidiary of Fitch Group, expected the Vietnamese dong (VND) to weaken slightly over the coming quarters and to average VND23,475/USD in 2020 […]
Read MoreKUALA LUMPUR, May 1 — The government’s Wage Subsidy Programme (WSP) should be extended in order to prevent job losses, as the movement control order (MCO) drags on. Economist Hafiz Noor Shams told a Webinar that as more people are expected to lose their incomes and companies struggle to pay wages, the government needs to […]
Read MoreThe economy is likely to stage a V- or U-shaped recovery, while a W-shaped rebound is not far-fetched if a second wave of coronavirus occurs, says a senior official at the central bank. The V- or U-shaped recovery mainly depends on foreign tourist arrivals and the global economy, said Don Nakornthab, who is in charge […]
Read MoreMANILA, Philippines — Office rental in Metro Manila is seen to plunge by 17 percent this year due to softer demand from all sectors, but is expected to recover by next year, a property services firm said. In its first quarter office report, Colliers International Philippines said office lease rates across Metro Manila is expected […]
Read MoreCondo investment buyers are starting to rule the market again by scooping up ready-to-transfer units at discount prices and speculating to reap capital gains over the next two years as the pandemic fades, according to property consultants. The heavily discounted prices from top developers have lured many investment buyers this month after they went missing […]
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Thailand
