PETALING JAYA: The ringgit has hit a new low for the year, following continued uncertainty from the ongoing US-China trade war which has intensified over the past few days. The ringgit fell to 4.17 against the US dollar in yesterday’s trade, in line with the weakening seen in other regional currencies after the rise of […]
Read MoreMANILA, Philippines — The national government’s fiscal deficit as a share of the country’s gross domestic product (GDP) narrowed in the first quarter as expenditure effort declined due to the delay in the 2019 budget, according to the Department of Finance (DOF). In a report, Finance Undersecretary and chief economist Gil Beltran said the government’s […]
Read MoreWith myriad challenges in the property market, small and medium-sized developers should focus on maintaining financial liquidity and diversify to non-residential development, say developers and experts. Pornarit Chounchaisit, president of the Thai Real Estate Association, said the domestic market this year will be unfavourable because of a spate of risk factors, while the two government […]
Read MoreThe Ministry of Industry launched a new automotive policy this month, with the aim of supporting transport and auto-related business through sustainable development and more foreign direct investments. Under the new policy, the usage of left-hand drive vehicles will be promoted for road safety purposes. Control measures on imports of used right-hand drive vehicles, which […]
Read MoreOn my first visit to Indonesia nine years ago, I had to pay for my outbound airline ticket using cash (rupiah) at a travel agency because local carriers didn’t accept online payments. In fact, at that time, most cafes wouldn’t accept credit cards and online purchases were non-existent. Fast forward to today, and there are […]
Read MoreMOST OF the top 10 listed property firms show strong total revenue and net profit growth in the first quarter of this year compared with the same period of last year, largely due to most homebuyers speeding up the transfer of their residential units before measures by the Bank of Thailand to reduce the loan […]
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Thailand
