Domestic property firms are preparing to launch a joint promotional campaign with the Finance Ministry to stimulate the property market before the year-end. Charnkitt Dejvitak, the vice-minister attached to the prime minister, said properties priced at no more than 3 million baht and bought directly from real estate firms will have the transfer fee and […]
Read MoreCambodia is one of four Asean nations where the influx of foreign direct investment reached record levels last year, according to a study by the Asean Secretariat and the United Nations Conference on Trade and Development (Unctad). The Asean Investment Report 2019, released last week, finds that FDI to Asean rose by 5 percent to […]
Read More[SINGAPORE] The Singapore Refining Company (SRC) supplied its first cargo of very low sulphur fuel oil (VLSFO) in October 2019, the company said in a statement on Thursday. “This milestone is in line with the refinery and wider industry’s readiness to supply 0.5 per cent sulphur marine fuels from Singapore, one of the largest international […]
Read MoreTHE biggest risk to Indonesia’s property sector is economic growth that falls below the 5 per cent benchmark, according to a recent report from Maybank Kim Eng. That’s even as the house held to a “positive” rating on the sector, with analysts’ confidence stemming from lower mortgage rates and a supply of cheaper housing by […]
Read MoreThe Hanoitimes – The slow growth comes mainly from state-owned banks, which have become more stringent on their loan disbursements. Based on the current pace and credit growth of commercial banks, Vietnam’s credit growth is projected to reach 13.2% this year, lower than the 14% target. If this is the case, that will be the lowest […]
Read MoreBusiness operators are preparing to hold talks with the Finance Ministry and the Bank of Thailand about the strong baht, as the surging currency is estimated to have cost exporters 200-300 billion baht. The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) held its monthly meeting yesterday to monitor the economy. Kalin Sarasin, chairman […]
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