CONDOMINIUM rental prices and volumes continued to rise in May, albeit at a slower pace, indicated on flash estimates from SRX and 99.co released on Tuesday (Jun 27). Overall resale prices rose 0.9 per cent from April and were up 9.2 per cent year on year. However, not all regions registered price increases. The Core […]
Read MoreSINGAPORE, June 27 (Reuters) – Malaysia’s state energy firm Petronas sees its domestic oil and gas production peaking at about 2 million barrels of oil equivalent per day (boepd) by 2024, its exploration head said on Tuesday. About 60-70% of its production is natural gas and will remain so going forward, Adif Zulkifli, executive vice […]
Read MoreTo manage risks MANILA, Philippines — The Bankers Association of the Philippines (BAP) has launched a new facility, allowing members and customers to better manage foreign exchange and interest rate risks. In a statement, the group said that it has introduced the dollar-peso cross-currency swap (USDPHP CCS) market that would allow banks to utilize hedging […]
Read MoreJakarta. Indonesia’s foreign direct investment (FDI) could go up to 1.4 percent of its gross domestic product, or GDP, in 2025, according to a recent report by the World Bank. The World Bank attributed this uptick to the job creation law and the government’s industrial downstreaming strategy of processing raw minerals at home for greater added value. […]
Read MoreThe second largest pharmacy firm coveted by many foreign investors is planning a big dividend payment campaign. Pharmacy shares are favored by long-term investors. Pharmaceutical Corporation Ha Tay, or Hataphar (DHT) has fixed the ex-dividend date with the rate of 180 percent, which means that investors will receive 180 shares for every 100 shares they […]
Read MorePrime Minister Hun Sen said on Sunday that Cambodia’s economy has been forecasted to grow 6.6 percent in 2024 after it is most likely that the country will achieve 5.6 percent this year even as garment and footwear industries have grown slightly slower than expected, which has been off-set by the growth of non-garment manufacturing […]
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Thailand
