SINGAPORE – Private home prices in Singapore rose for a fourth straight quarter, jumping 2.9 per cent in the first three months of this year, raising bets on a fresh round of cooling measures. This is the steepest quarterly increase since the second quarter of 2018, when private residential prices rose by 3.4 per cent […]
Read MoreDespite the global economic fallout from the COVID-19 pandemic, the Kingdom’s total trade volume remains positive, reaching $35.8 billion last year, a rise of 2.5 percent compared with the year before, according to the annual report from the Ministry of Commerce (MoC). Cambodia’s total exports were worth $17.21 billion, up 16.72 percent year-on-year in 2020. […]
Read MoreKUALA LUMPUR: The headline IHS Markit Malaysia Manufacturing Purchasing Managers’ Index (PMI), a composite single-figure indicator of manufacturing performance, rose to 49.9 in March from 47.7 in February. IHS Markit said in a statement the latest reading pointed to a stabilisation in operating conditions, with the headline Index reaching its highest since July 2020. Chief […]
Read MoreFood delivery service Line Man has spurned its rider partners’ demand for a reversal of its recent move to lower the 3-kilometre delivery base payment rate, but vowed to provide better incentives and assistance for riders. Line Man last week reduced the base payment for riders from 62 baht to 50 baht, prompting riders to […]
Read MoreExposure to weak property market could diminish banks’ buffers Debt watcher Fitch Ratings has warned the Philippine banking sector of heightened impairment risks from the property sector. “Protracted economic weakness could expose the banks to lumpy impairments and diminish their loss-absorption buffers – given their high large-borrower concentration and the strong correlation of the property […]
Read MoreThe Ministry of Finance is studying the legal framework for managing cryptocurrencies on stock exchanges which would pave the way for legal cryptocurrency transactions in Vietnam. The ministry said on Tuesday a research group in charge of studying virtual assets and currencies had been set up and started to study and develop the legal framework for the […]
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Thailand
