SINGAPORE – The rental prices for Housing Board flats and private apartments continued to rise in April, hitting new highs in both markets, while leasing volumes dipped. Condominium rents last month surpassed the previous peak in January 2013 by 1.8 per cent, while HDB rents saw a record increase year on year, according to flash […]
Read MoreThe Government of Laos is seeking solutions to the fuel crisis, including finding ways to access the foreign currency desperately needed to bail out fuel importers. The Lao Fuel and Gas Association held its annual meeting yesterday at the Lao National Chamber of Commerce and Industry (LNCC), where government officials and fuel company executives consulted […]
Read MoreMANILA, Philippines — Wholesale prices of consumer goods in the entire country jumped to their highest level in 10 years as an effect of global tensions, the Philippine Statistics Authority (PSA) said. The General Wholesale Price Index (GWPI) in the Philippines surged by 7.6 percent in March, faster than the 5.6 percent print in February. […]
Read MoreLong queues formed at petrol stations across the capital on Tuesday as desperate motorists drove from place to place in a determined attempt to find fuel. Provinces across the country have been suffering shortages for weeks, with early warning signs as Luang Namtha ran out of fuel in late March. The situation worsened in Pakxe […]
Read MoreMalaysian investments are among the major foreign direct investments in Cambodia as more Malaysian investors have sought an understanding of the investment opportunities in the Kingdom. Data from the Council for the Development of Cambodia showed that the Malaysian investment totalled $120 million from 2019 to 2021. In 2021 alone, the investment was valued at […]
Read MoreCentral banks need to figure out how they can safely use central bank digital currencies (CBDCs) for businesses to send money to one another in cross-border payments, Mr Ravi Menon, managing director of the Monetary Authority of Singapore (MAS), said at an International Monetary Fund and Swiss National Bank conference in Zurich yesterday. A CBDC […]
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Thailand
