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Cambodia: $100 million credit for rural roads

The World Bank has approved a $100 million credit from the International Development Association (IDA) to improve access to basic services and economic opportunities in Cambodia. The project will enhance rural communities’ access to critical services, such as health centres, referral hospitals, schools and markets, through the improvement of climate-resilient rural roads. By improving selected […]

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Vietnam viewed as safe investment location after successful control of COVID-19

The nation’s successful efforts to contain the novel coronavirus (COVID-19) epidemic is being taken as a guarantee of the country’s full commitment to a safe and competitive investment environment in comparison to regional neighbours. In addition, new points in the investment attraction policy look set to increase the attraction of foreign capital, especially from locations […]

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indo01
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Indonesia: Low-cost property dominates market demand in year’s first half

Consumer interest in low-cost housing dominated the property market demand in the first half of the year, while sales started to pick up amid the impact of the pandemic on the sector, online property marketplace 99 Group data show. According to Singapore-based property marketplace start-up 99 Group, which owns 99.co and rumah123.com, low-cost residential property, priced below Rp […]

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Philippines: Liquidity not bothering BSP

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) is in no rush to siphon off the extra liquidity it injected into the financial system, even as it starts to unwind some of the measures  it implemented to cushion the  impact of the pandemic on the economy. According to BSP Governor Benjamin Diokno, the central […]

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Malaysia: MGS yields seen remaining at low levels

PETALING JAYA: Malaysian Government Securities (MGS) yields are expected to remain at current low levels for the remainder of the year compared with last year. This would be underpinned by yield-hunting activities amid the low global interest rate environment and subdued inflation outlook, according to Malaysian Rating Corp Bhd (MARC). MARC chief economist Nor Zahidi […]

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