RESALE prices of non-landed private homes were stable in June, with sales volume recovering from the previous month, according to flash figures from real estate portal SRX Property on Tuesday. An estimated 497 units were resold last month, representing a 174.6 per cent increase, or more than double the 181 units resold in May this […]
Read MoreKUALA LUMPUR (BERNAMA) – Retail Group Malaysia (RGM) has revised downwards its earlier forecast of the retail industry’s performance this year, projecting a larger sales contraction of 8.7 per cent compared to the 5.5 per cent forecast in April. It said Malaysia Retailers Association (MRA) members interviewed had projected an average year-on-year (y-o-y) growth rate of -28.8 […]
Read MoreMANILA, Philippines – Excise taxes collected by the Bureau of Internal Revenue (BIR) from large taxpayers in the first half went down year-on-year, but still managed to exceed the target amid the slowdown in economic activity caused by the coronavirus disease 2019 or COVID-19 pandemic. According to preliminary data from the Department of Finance (DOF), […]
Read MoreJapan is planning to resume business flights with 10 more Asian countries, including Cambodia. The destinations are where the pandemic is under control and what are known as travel bubbles or air bridges that proliferate in Asia. The Japanese news agency Nikkei Asian Review reports that Japan intends to begin talks in mid-July on resuming […]
Read MoreFactory activity in Indonesia fell to its lowest level ever in the second quarter as the coronavirus pandemic caused a slump in demand and disrupted supply chains, a survey published by Bank Indonesia (BI) showed. BI’s Prompt Manufacturing Index (PMI-BI) was recorded at 28.55 percent, its deepest ever contraction, compared with 45.64 percent in the […]
Read MoreIf the country does not let foreign tourists in by the end of the year, some 60% of hospitality enterprises are at risk of going out of business, according to the Tourism and Sports Ministry. “People will be safe from the virus as borders remain closed, but wounds from the economic fallout might be deeper and […]
Read More
Thailand
