Citibank forecasts global GDP growth to decelerate to 3.8% this year as the world economy enters a slowdown amid growing inflation and imminent interest rate hikes, though it remains optimistic about the growth of cyclical industries with long-term growth. Citibank analysts recommend investors focus on long-term leaders that yield positive and consistent returns such as […]
Read MoreThe prefabricated house could soon develop into a new market segment with high potential in the local real estate market, especially in combination with the trend of investing in a second home. A second home not only meets the growing demand for leisure purposes but is also a long-term investment option preferred by many amid […]
Read MoreMANILA, Philippines — Local car and truck assemblers had a weak start for the year, with sales dropping 11 percent in January from a year ago as a surge in COVID cases dampened demand for big-ticket items including vehicles. The joint report of the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and Truck […]
Read MoreThe Tourism Authority of Thailand (TAT) is implementing its “Visit Thailand Year 2022: Amazing New Chapters” campaign to help revive the country’s tourism sector while playing a positive role in the overall economy. TAT governor Yuthasak Supasorn said the campaign will focus on Thailand’s soft power assets which include food, film, fashion, festivals, traditions, music, […]
Read MoreThe Thai baht opened at 33.23 to the US dollar on Friday, strengthening from Thursday’s closing rate of 33.25. The currency is likely to move between 33.20 and 33.35 to the greenback during the day and even swing sideways unless there is a new factor, Krungthai Bank market strategist Poon Panichpibool predicted. He said the […]
Read MoreKUALA LUMPUR: In the short to medium term, the reopening of the country’s economy is expected to spur demand in the industrial sector, as evident by improved transactional activities in the second half of 2021 (H2’21), Bernama reported, citing property consultancy firm Knight Frank Malaysia. The national news agency quoted Knight Frank Johor branch director […]
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