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Malaysia: Retail industry records 18.3% growth in 1Q

KUALA LUMPUR: The retail industry recorded a growth rate of 18.3% in the first quarter of 2022 (1Q22), spurred by better economic conditions and further easing of movement restrictions. This is comparable to the -9.9% contraction in retail sales during the first quarter of 2021 (1Q21), said Retail Group Malaysia (RGM), in its latest retail […]

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Singapore home sales hit six-month high

Singapore home sales hit a six-month high, signalling that government-imposed property curbs are having a dwindling impact as the city-state’s rebounding economy fuels demand for housing. Purchases of new private apartments rose to 1356 units in May, Urban Redevelopment Authority figures showed Wednesday. That’s more than double the transactions of the previous month and the […]

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Study: Thailand a global leader in real-time payments

Thailand was No.3 globally for real-time payment transactions last year, behind only India and China, driven by the government’s support for modern infrastructure, says ACI Worldwide, a real-time payments software provider. The ranking was revealed in the “Prime-Time for Real Time 2022” report, published by ACI Worldwide in partnership with data analytics firm GlobalData and […]

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