THE number of new private homes sold in September more than doubled over the tally in August, on the back of two major launches that set new price benchmarks for suburban housing. According to data released by the Urban Redevelopment Authority (URA) on Monday (Oct 17), developers in Singapore sold a total of 987 units […]
Read MoreThailand has urged the adoption of international cooperation on fiscal policy and tax measures to help safeguard small-sized businesses and low-income people from looming stagflation. Finance Minister Arkhom Termpittayapaisith said international fiscal and tax measures were needed to cope with the inflation crisis that could develop into stagflation, said Pornchai Thiraveja, director-general of the Fiscal Policy […]
Read MoreMANILA, Philippines — The country’s meat imports breached the one billion-kilo mark as of the end of September, still driven by pork and chicken shipments. Latest data from the Bureau of Animal Industry (BAI) showed the country imported 1.01 billion kilos of meat and meat products from January to September, up 11.9 percent from the […]
Read MoreThe International Monetary Fund (IMF), the World Bank (WB) and other domestic and international institutions have predicted high gross domestic product (GDP) growth rates for Vietnam and low growth rates for other Asian economies. The IMF has released the World Economic Outlook Report for October, which, as anticipated, has predicted a 4 percent GDP growth […]
Read MoreMANILA, Philippines — The exposure of Philippine banks to the volatile property segment eased slightly to 21.8 percent in the first half from 22.2 percent in the same period last year, according to the Bangko Sentral ng Pilipinas (BSP). Preliminary data from the BSP showed investments and loans extended by the banking industry to the […]
Read MoreThe Bank of Thailand plans to hold a public hearing about virtual bank licensing early next year, in a move to expand access to financial services for underbanked and unbanked consumers. The central bank has been drafting the licensing guidelines, which it plans to reveal at a public hearing in early 2023. The Bank of Thailand […]
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