Home buyers need to be “cautious” when taking out new mortgages as interest rates are expected to rise, the Singapore Monetary Administration (MAS) said in a Dec. 6, 2021 Financial Stability Review. He also advised not to accept new loan commitments for high-income households. According to the report, household debt in Singapore has exceeded pre-pandemic […]
Read MoreThe construction of the Phnom Penh-Sihanoukville expressway is 70.93 percent completed as of November this year, according to the Ministry of Public Works and Transport, citing that the completion of the project is set for mid-2023. The update was made after a site inspection to some sections of construction sites located in Kampong Speu province, […]
Read MoreIf local manufacturers do not afford changes in line with sustainable and greener production, better energy conservation and higher responsibility to the environment, global clothing brands may no longer place orders to the former. That is one of the main points given during a seminar on Vietnam’s textile and garment industry co-hosted by the Vietnam […]
Read MoreMANILA, Philippines — Wholesale prices of consumer goods in the entire country continue to pick up, increasing to an over two-year high in September, the Philippine Statistics Authority (PSA) said. The General Wholesale Price Index (GWPI) in the Philippines in August grew by 3.3 percent, faster than the 3.2 percent growth rate in August. This […]
Read MoreThe Finance Ministry is planning to offer Thais a new economic stimulus programme at the end of the year as a New Year’s gift, Finance Minister Arkhom Termpittayapaisith said on Friday. “We are designing a new campaign to help boost domestic consumption, especially among those with high purchasing power,” he said. “The current programme targeting […]
Read MoreMany retailers have left apartment buildings where they had done business for years. Some shophouses on the first floor of buildings are deserted and dark in Hanoi at night. A convenience store at an apartment building in Linh Dam new urban area has shut down, though the leasing contract still had a few more months. […]
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