SINGAPORE (THE BUSINESS TIMES) – Rents of office space in the central region of Singapore appear to have bottomed out as they ticked up 0.9 per cent in the fourth quarter of 2021 over the previous three months, reversing from a 3.5 per cent decline in the previous quarter. For the whole of 2021, the […]
Read MoreThe Bank of Thailand announced conditions to establish a joint venture asset management company (JV AMC) to support financial institutions managing bad debt for the long term as the pandemic persists. The conditions to create a JV AMC are effective from Thursday and financial institutions can apply for a licence for the next three years. A […]
Read MoreIndonesia’s financial watchdog the Otoritas Jasa Keuangan (OJK) warned financial institutions in the country against offering or facilitating crypto-asset sales. The official Instagram account for OJK posted a warning against the growing number of crypto Ponzi schemes and risks of crypto investments owing to the market’s volatility. The official post also quoted the chairman Wimboh […]
Read MoreIn several ways, ‘The Great Supply Chain Migration–Breaking Down the Cost of Doing Business in Asia’, a TMX report published early this month, has opened the eyes of governments, investors and think tanks where each country of Southeast Asia stands. The TMX study can easily be equated with a pocket edition of what the highly […]
Read MoreMyanmar’s economy and people continue to be severely tested by the ongoing impacts of the military coup and the surge in COVID-19 cases in 2021, according to the World Bank. Following an expected 18 percent contraction of the economy in the year ended September 2021, the World Bank’s Myanmar Economic Monitor, released on January 26, […]
Read MoreKUALA LUMPUR: Malaysia has become the most attractive country in Southeast Asia for foreign investors, driven by the success of attracting more than RM220 billion approved investments in 2021 for the manufacturing and services sectors, according to the 2022 Milken Institute Global Opportunity Index (GIO). Senior Minister cum International Trade and Industry Minister Datuk Seri Mohamed […]
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