KUALA LUMPUR: Malaysia remains a destination for real estate investment for Chinese investors as the slowdown in the republic’s property market is leading to an increase in Chinese investment in overseas properties, especially in South-East Asia. Juwai IQI said in a report that many Chinese buyers believe Malaysia’s property market will recover from its current […]
Read MorePETALING JAYA: Malaysia’s trade remained sturdy in August with double-digit growth recorded for exports and imports. In a statement, the Ministry of International Trade and Industry (Miti) said trade surged by 56.7% to RM265.74bil compared with August 2021 – the 19th consecutive month of double-digit growth. Exports jumped by 48.2% to RM141.33bil, the 13th successive […]
Read MoreThailand is one of the first countries in Asia to see tourism rebound from the pandemic, driven by positive signals from both foreign and domestic travellers, according to Agoda. “Thailand is leading Asia in terms of inbound tourists, but it has not yet reached 2019 levels,” said Omri Morgenshtern, chief executive of Agoda, an Asia-focused online […]
Read MoreCambodia had made a total of $544.1 million from the exports of dry rubber and milled rice during the first eight months of 2022, according to official reports on Tuesday. A report from the General Directorate of Rubber showed that the Southeast Asian nation exported 194,014 tons of dry rubber during the January-August period this […]
Read MoreGROSS domestic product (GDP) growth for the Philippines in the third quarter this year is seen slowing down to the 5.9-percent to 6.6-percent range. The Bangko Sentral ng Pilipinas said in its latest Monetary Policy Report that the country’s GDP growth would settle within the revised 6.5- to 7.5-percent target set by the Cabinet-level Development […]
Read MoreSpending at this year’s annual vegetarian festival, scheduled to run from Sept 26 to Oct 4, is expected to improve compared with tepid spending in 2021, when the pandemic was still raging. According to the latest survey by the University of the Thai Chamber of Commerce (UTCC), spending during the festival is expected to increase […]
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