SINGAPORE (BLOOMBERG) – Singapore may be considering another round of measures to cool residential prices, according to market analysts, who see recent ministerial remarks as a signal for the possible move. Comments made by Singapore’s Deputy Prime Minister and Finance Minister Heng Swee Keat indicate the government is keeping a close watch on property prices, Jefferies Financial […]
Read MoreAt its Friday meeting on the study and formulation on the good use of trade agreements in promoting exports, the Ministry of Commerce announced research is currently under way on products to be imported and exported under the Cambodia China Free Trade Agreement (CC-FTA). One of the potential sub-sectors deemed promising for export to China […]
Read MoreMANILA, Philippines — The Duterte administration’s infrastructure spending fell back to lockdown levels in November, but a catch-up likely materialized in the last month of the year, a rebound that would be difficult to sustain in 2021. Direct spending on infrastructure by the national government amounted to P44.3 billion that month, down 25.4% year-on-year, latest […]
Read MorePETALING JAYA: Malaysia’s overnight policy rate (OPR) has been at its all-time low at 1.75% since July last year as Bank Negara’s Monetary Policy Committee (MPC) sought to accelerate economic recovery post movement control order (MCO). Ahead of the MPC’s first two-day meeting this year starting on Wednesday, economists are quite divided this time around […]
Read MoreMoney changer companies are exploring new foreign exchange-related businesses to seek new income sources after their businesses have been drastically affected by the pandemic. SuperRich Currency Exchange (1965), a leading local money changer, has submitted an application for a money transfer and e-money licence with the Bank of Thailand and is awaiting regulatory approval. The […]
Read MoreThe Hanoitimes – Thanks to its successful Covid-19 containment, Vietnam saw one of the highest GDP growth rates in the world in 2020. While many headwinds still linger, Vietnam’s economic outlook for 2021 remain bright with an estimated GDP growth of 7.6%, as the country will benefit from numerous FTAs, consistent FDI inflows and a tech-led […]
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