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Thailand: SET ready for action on odd price movement

The Stock Exchange of Thailand (SET) is preparing to issue additional measures to regulate large-cap stocks that have prices making unusual movements without any changes to the companies’ fundamentals. The SET rushed to take action after the share price of Delta Electronics (DELTA) rose more than 30% over the past couple of weeks without any […]

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Malaysia PM Ismail Sabri proposes ASEAN-China travel bubble

KUALA LUMPUR: Malaysia Prime Minister Ismail Sabri Yaakob proposed that the Association of Southeast Asian Nations (ASEAN) and China could consider a cross-border travel bubble, adding that it would be “vital for recovery” from the COVID-19 pandemic. In a recorded video message during the 18th China-ASEAN Expo (CAEXPO) on Friday (Sep 10), he said both sides could […]

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Philippines: Property valuation reform pushed

MANILA, Philippines — The Department of Finance (DOF) will pursue the real property valuation reform in Congress in an effort to attract builders and developers to invest in the Philippines. At the launch of Proptech Consortium of the Philippines yesterday, Finance Secretary Carlos Dominguez said the DOF would seek the enactment of the real property […]

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Malaysia to see better industrial production index numbers from September onwards, says economist

KUALA LUMPUR, Sept 10 — Malaysia’s industrial production index (IPI) is expected to improve from September onwards on anticipation of an improved economic outlook, an economist said. Bank Islam chief economist Mohd Afzanizam Abdul Rashid said higher output would be recorded as more economic activities are allowed to be reopened following the government’s decision to […]

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