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Thailand: CBRE says Covid still stymies market

The ongoing pandemic will continue to hamstring the property market this year, keeping it reliant on local demand as foreign travel remains sluggish, according to property consultant CBRE Thailand. Managing director Roongrat Veeraparkkaroon said the recovery of the Thai economy last year was gradual, despite global economic growth, because the country’s GDP is heavily reliant […]

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Malaysia is taking steps to control rising food prices amid inflationary pressures, says minister

KEY POINTS Malaysia is facing inflationary pressures and the government is putting in place targeted measures to control rising food price, said Malaysia’s domestic trade and consumer affairs minister. Given the global trend, “we are going to be affected by inflation,” Alexander Nanta Linggi, told CNBC “Squawk Box Asia” on Friday.  Malaysia’s inflation increased 3.2% […]

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