Discounts on condo prices should continue into the first quarter of 2021 as developers want to drain unsold inventory as much as possible, says a property website. Kamolpat Swaengkit, country manager of DDproperty.com, said many developers keep reducing unsold condo inventory to prepare for new project launches in the second half. “Developers still want to […]
Read MoreThe Hanoitimes – As market markers, entities have the right to participate in the issuance and repurchase of government bonds and notes via bidding. The Ministry of Finance (MoF) has released a list of 17 commercial banks and securities firms subject to join the Government bonds market this year, an increase of four new entities compared […]
Read MoreMANILA, Philippines — The Philippines is likely to be the last country in Asia-Pacific to fully recover from the pandemic-induced recession, with recovery seen only in the fourth quarter of 2022 while other economies are set to regain all of their lost output by the end of this year, according to Moody’s Analytics. In a […]
Read MoreSINGAPORE’S retail sales could return to positive growth as early as the first quarter of this year, said economists encouraged by the slowing decline seen in November’s data. Overall takings at the till fell 1.9 per cent in November, a surprising improvement over October’s 8.5 per cent contraction and one that the Department of Statistics […]
Read MoreThe Bank of Thailand is allowing greater flexibility for non-resident companies to conduct foreign exchange transactions against the baht with domestic financial institutions under the non-resident qualified company (NRQC) scheme. The move is an attempt by the central bank to liberalise onshore regulations related to capital flows and forge a new foreign exchange ecosystem, seen […]
Read MoreThe Hanoitimes – The pandemic has been the major factor that took away work opportunities of 1.6 million people. Up to 22.2 million people have received less income than before the Covid-19 outbreak while the services sector was hit the hardest with nearly 72% of its workforce directly affected. More than 32 million workers aged 15 […]
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