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Survey: Weak spending during Songkran festival

People’s spending during the upcoming Songkran festival is expected to dive by 17% from 2019 to 113 billion baht, the lowest in nine years, as people remain worried about the pandemic and weak purchasing power, according to a survey conducted by the University of the Thai Chamber of Commerce (UTCC). “The lower spending means the […]

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Demand for industrial land rising: Savills Vietnam

The sudden increase in demand for land, factories, and warehouses in Vietnam has pushed up rental costs at industrial parks (IPs) near major cities, according to Savills Vietnam. Rising rents and high occupancy rates at key IPs in the north and the south may be cause for concern at multinational corporations looking for locations close to Hanoi […]

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