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Malaysia remains attractive investment destination in Asia

KUALA LUMPUR: Malaysia continues to be the investment destination for high-value manufacturing and global services in Asia, the Malaysian Investment Development Authority (Mida) said. The country remains an attractive investment destination with a favourable environment including the availability of excellent infrastructure, telecommunication services, financial and banking services, supporting industries, skills and trainable workforce, as well […]

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Thailand: Festival shopping diminished

Thais spending during the Lunar New Year festival, which starts on Wednesday, is expected to remain dejected because of high job losses and low income as a result of unabated Covid-19 infections in the country. The University of the Thai Chamber of Commerce predicted in its annual survey of consumer spending behaviour during the Chinese […]

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Philippines: ‘BSP to keep rates steady’

MANILA, Philippines — Amid limited options, the Bangko Sentral ng Pilipinas (BSP) is left with no choice but to keep interest rates steady on Thursday, according to Moody’s Analytics. In its latest Asia Pacific economic preview, Moody’s Analytics said the Monetary Board would likely keep the benchmark interest rates unchanged at an all-time low of […]

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Thailand: Home loan help for lower earners

More than half of this year’s new housing loan target of 215 billion baht will be provided with low interest rates to help low-income earners to purchase their own homes, says GH Bank. State-owned GH Bank plans to offer low-interest housing loans to low-income earners under the “Social Solution” project, said GH Bank president Chatchai […]

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Cambodia: Skyrocketing shipping costs threaten exports

The Kingdom’s exporters have expressed deepening concerns about spiralling shipping costs, which could diminish this year’s trade figures if prolonged. Cambodia Rice Federation (CRF) vice-president Chan Sokheang told The Post on February 8 that while the cost of transporting goods to international markets has risen steadily since the Covid-19 outbreak, it has gained significant momentum […]

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Thailand: Land prices to spike in H2

Land prices in Greater Bangkok are projected to rise at a rapid rate in the second half of 2021, in part because of the forecast of an economic recovery. Vichai Viratkapan, acting director-general of the Real Estate Information Center (REIC), said land prices in Greater Bangkok last year kept increasing, with a year-on-year rise of […]

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