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Singapore: Manufacturing expectations still pessimistic, services sector less upbeat: surveys

SINGAPORE’S manufacturers remain negative about business conditions in the next six months, while services firms were less positive, according to separate quarterly surveys on Monday (Oct 31). A net weighted balance of 20 per cent of manufacturers expect a less favourable business situation October 2022 to March 2023, worsening from the previous quarterly survey, where […]

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Philippines: Inflation likely breached 7% in October

MANILA, Philippines — Inflation likely breached the seven percent level in October on the back of transport fare hikes, elevated domestic petroleum prices, higher agricultural commodity prices due to recent typhoons, and the depreciation of the peso, according to the Bangko Sentral ng Pilipinas.  BSP Governor Felipe Medalla said inflation last month likely settled within […]

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Thailand: New perks will double transfers

The government’s measure to allow foreigners to buy a landed house will cause the value of residential transfers to foreign buyers to double to 100 billion baht per year, according to the Real Estate Information Center (REIC). Vichai Viratkapan, the centre’s acting director-general, said there were around 10,000 condo units nationwide worth more than 50 billion […]

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