th05
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Thailand: Land prices in Bangkok keep slowing

Prices of vacant land in Greater Bangkok are growing at a slower pace due to the sluggish economy and the full collection of the land and building tax, which started this year. Vichai Viratkapan, acting director-general of the Real Estate Information Center (REIC), said the price index of vacant land in Greater Bangkok was 354.5 […]

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bru01
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Strong commitment towards FDIs in Brunei

Hengyi Industries Sdn Bhd (Hengyi Industries) signed an Islamic Syndicated Term Financing Agreement totalling USD263 million with Bank Islam Brunei Darussalam (BIBD), Baiduri Bank and Perbadanan Tabung Amanah Islam Brunei (Perbadanan TAIB), marking the start of a new collaboration between Hengyi Industries and the local financial institutions. The signing ceremony was held at The Empire […]

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indo01
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Indonesia: GDP growth gains speed in 2Q on record exports

JAKARTA: Indonesia’s economy likely accelerated last quarter, buoyed by strong exports and private consumption, but a slowdown in China and the threat of a global recession pose significant risks in coming months, a Reuters poll has found. With rising global commodity prices, the resource-rich country has been enjoying an export boom. Its trade surplus in […]

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