logo
Read More

Philippines: Rising interest rates to impact housing market

MANILA, Philippines — Rising interest rates and higher construction costs are among the headwinds in the country’s residential property market due to their potential impact on mortgage rates, according to a professional services and investment management firm. “Colliers believes that developers need to be cautious with rising interest and mortgage rates, and the potential impact […]

Read More
logo
Read More

Thailand: Password stealers eye small businesses

Small and medium enterprises form the backbone of Southeast Asia’s growing economy. Accounting for more than 90% of the private businesses in the region, this sector is responsible for generating employment, exports and GDP growth. Hit badly by pandemic-induced lockdowns, SMEs are embracing e-commerce and digitisation to recover from the prolonged bout with physical restrictions and unstable […]

Read More
th06
Read More

Thailand: Central bank will stop allowing 100% mortgages

The Bank of Thailand will not extend the easing of loan-to-value (LTV) measures for mortgage loans as the economy is showing clearer signs of recovery. The central bank decided against further extending the easing of LTV measures launched in October 2021 and set to expire in December 2022, said the Bank of Thailand’s assistant governor Chayawadee Chai-Anant. […]

Read More