The banking industry will continue to face difficulties in 2023 in the context of the real estate market downtrend and the less positive import and export outlook, analysts forecast. Under a report released recently, Viet Dragon Securities Company (VDSC)’s analysts have said the interest income growth of the banking industry in 2023 will slow due […]
Read MoreAfter more than a decade of consistent growth in the supply of condominiums in Bangkok, 2022 marked a return of low-rise housing as the home of choice for Thai buyers, according to the international property consultant CBRE. In 2021 the supply of new low-rise housing exceeded that of the new condos in the Bangkok metropolitan region […]
Read MoreCambodia’s international trade in 2022 totalled more than $52 billion, a 9.2 percent year-on-year increase, while Cambodia’s exports jumped more than 16 percent. In 2022, Cambodia exported a total of $22.4 billion worth of goods, up 16.4 percent from a year ago, and imported $29.9 billion, up 4.3 percent, according to data from the General […]
Read MoreThailand’s exports are expected to grow up to 2% this year, the Thai National Shippers’ Council said on Tuesday. Exports were set to grow 6.5% for the full year in 2022 but were expected to show a 7.5% drop in December last year, the council said in a statement. Source: https://www.bangkokpost.com/business/2479249/exports-seen-growing-1-to-2-in-2023-says-thai-national-shippers-council
Read MoreThe trade ties between Indonesia, which became the latest member to join the Regional Comprehensive Economic Partnership (RCEP), and Cambodia are expected to go up, but the textile sector in both countries is unlikely to benefit from the agreement, according to some experts. The RCEP Agreement entered into force for Indonesia on 2 January. Indonesia […]
Read MoreIn the third quarter (Q3) of 2022, Brunei Darussalam’s Residential Property Price Index (RPPI) was at 91.6, a decrease of 1.63 per cent year-on-year compared to Q3 2021, and a decrease of 1.57 per cent quarter-on-quarter compared to Q2 2022. This was revealed by Brunei Darussalam Central Bank’s (BDCB) RPPI report for Q3 2022. The […]
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