The price index of low-rise houses in Greater Bangkok picked up in the first quarter of 2021 after decreasing for three consecutive quarters because of rising demand, according to the Real Estate Information Center (REIC). Vichai Viratkapan, the centre’s acting director-general, said demand for low-rise houses in Greater Bangkok was on an upward trend, driving […]
Read MoreIndonesian Coordinating Minister for Economic Affairs Airlangga Hartarto said on April 26 that India is now the world’s largest biodiesel producer with a daily output of 137,000 barrels, much higher than the US with 112,000 barrels, Brazil 99,000 barrels and Germany 62,000 barrels. Jakarta (VNA) – Indonesian Coordinating Minister for Economic Affairs Airlangga Hartarto said on April […]
Read MoreMANILA, Philippines — Where coronavirus spreads the most, the economy in that area tends to falter the deepest. State statisticians on Thursday released regional gross domestic product (GDP) data for last year that when read together with COVID-19 infections by region, showed an undesirable pattern of higher cases tending to result into a bigger economic […]
Read MoreSINGAPORE: Singapore’s economy has almost recovered the output lost during the first half of 2020, although its growth momentum eased in the first quarter of this year. But while the outlook for Singapore’s economy has improved, projected growth outcomes across sectors have become even more lopsided than previously predicted, the Monetary Authority of Singapore (MAS) […]
Read MoreBetter prospects for the construction industry are expected to further push up the Construction Materials Price Index (CMI) in the second quarter, following its rise the first three months this year, driven by higher steel prices. The index, which indicates price changes in 134 construction materials in 12 provinces, increased by 5.4% year-on-year to 110.2 […]
Read MoreLocal construction firms face the risk of bankruptcy as the price of steel has soared 40 percent recently. The price of construction steel is now nearly 19,000 VND per kg and with the material accounting for about 28 percent of the building cost for an apartment and 35 percent of the cost of a semi-detached house, insiders […]
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Thailand
