Investments in logistics and industrial real estate in the Asia Pacific will double in the next three to five years as investors look to increase exposure to the asset class, Jones Lang LaSalle has forecast in a recent report. It expects the figure to rise to US$50-60 billion from the current $25-30 billion. Logistics and […]
Read MoreBorder trade infrastructure between Gia Lai province and Cambodia’s localities sharing the same border line will be developed to promote goods trading and exchange activities under a programme to develop Vietnam’s border trade infrastructure to 2025, with a vision to 2030. The People’s Committee of the Central Highlands province of Gia Lai has just issued […]
Read MoreMANILA, Philippines — The Philippine economy contracted at a softer pace of 3.9 percent in the first quarter, the Philippine Statistics Authority (PSA) reported yesterday. The PSA said the country’s gross domestic product (GDP), a measure of economic output, shrank by 3.9 percent in the January to March period, smaller than the 4.2 percent reported […]
Read MoreSINGAPORE condominium resale volumes rebounded in July after falling for two consecutive months. Overall prices meanwhile, continued to climb, according to flash figures from SRX Property on Tuesday. Gains in overall resale volumes and prices were driven by demand for condos in the suburban or outside of central region (OCR). The OCR had contributed to […]
Read MoreSavings rates by locals at Thai and foreign commercial banks have more than doubled over the course of the pandemic, new data has revealed, with large depositors contributing the overwhelming majority of additional money. However, the lowering of deposit protection to a maximum of 1 million baht this month is unlikely to impact large depositors, […]
Read MoreMANILA, Philippines — The Bureau of the Treasury has deferred the issuance of retail dollar bonds (RDBs) amid the revert to stricter lockdown. National Treasurer Rosalia de Leon yesterday said the Treasury would no longer pursue its plan to sell RDBs in August to Filipinos living abroad as it adjusts its operations to the reimposition […]
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Thailand
