THAILAND’S real estate investment trusts (Reits), deemed one of the barometers for South-east Asia’s wider economic performance, are feeling the heat from surging inflation and rate hikes, just as the tourism-dependent nation tries to lure visitors back since it lifted all Covid-19 travel curbs. According to Bloomberg data, there are more than 50 Reits and […]
Read MoreHighest in 4 months MANILA, Philippines — The net inflow of foreign direct investments (FDI) jumped by 48.3 percent to hit a four-month high of $989 million in April from $667 million in the same month last year as the country posted a stronger-than-expected economic growth in the first quarter. This was the highest since […]
Read MoreAs the country’s informal economy resumed after the government relaxed Covid-19 restrictions, rising prices of commodities and fuel continue to affect the consumer, according to reports. At the meeting on “Informal Economic Promotion in the Post-Covid-19 Crisis” last week, Heng Sophan Narith, Deputy Director General of the National Social Security Fund (NSSF) said ways to […]
Read MoreThe Public Health Ministry will propose declaring Covid-19 endemic on three major tourist islands – Koh Samui in Surat Thani province, Koh Chang in Trat and Phuket – and the reopening of night entertainment venues there. Health permanent secretary Kiattiphum Wongrajit said on Thursday the ministry would seek approval from the Centre for Covid-19 Situation […]
Read MoreKUALA LUMPUR: Malaysia’s wholesale and retail trade sales registered a growth of 3.9 per cent year-on-year (yoy) in the first quarter of 2022 (Q1 2022), said the Department of Statistics Malaysia (DOSM). Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said the increase was attributed to the motor vehicles sub-sector which rose 8.8 per cent, […]
Read MoreSINGAPORE’s life insurance industry saw a 2 per cent dip in weighted new business premiums to S$1.21 billion in the first quarter of 2022, from S$1.23 billion in the year-ago period. This came as sales of annual-premium products dropped 20 per cent to S$555.1 million, from S$692.8 million in the year-ago period, according to data […]
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Thailand
