HCM CITY — The HCM City Real Estate Association has rejected media reports that there has been a surge in the purchase of housing in HCM City by foreigners, with most being from mainland China and Hong Kong. Many newspapers had quoted property consultancy CBRE Vietnam as saying 31 per cent of housing actually sold […]
Read MoreThe office space market will continue to be robust over the next two years, with rents breaking historical records and demand expected to rise after the 2019 general election, according to property consultant Knight Frank Thailand. Marcus Burtenshaw, executive director and head of occupier services and commercial agency, said the general election will spur demand for […]
Read MoreDespite uncertainty caused by the July general elections, 2018 was an excellent year in terms of business performance for a number of key players in the local financial sector. Representatives of Acleda Bank and microfinance institutions Amret, Prasac, and Hattha Kaksekar Limited told Khmer Times that 2018 exceeded their expectations when it comes to important […]
Read MoreMANILA, Philippines — Term deposits fetched lower rates across all tenors as banks swarmed the first auction for 2019 with funds coming back into the financial system. The yield of the seven-day tenor dropped by 11.19 basis points to 5.0784 percent at the term deposit auction facility (TDF) from a record high of 5.1903 percent […]
Read MoreFinance Minister Apisak Tantivorawong sees interest rate hikes, capital mobility and political stability after the general election as economic concerns for 2019. Cheap money is no longer available, he said, referring to the central bank’s policy rate increase in December. Farm sector reform is still far-fetched and state subsidies are still needed, he said. Reforming […]
Read MoreKUALA LUMPUR: Malaysian palm oil futures rose to their highest in nearly two weeks on the first trading day of 2019, after world’s largest edible oil importer India announced import tax cuts, amid expectations of a fall in production. The benchmark palm oil contract for March delivery on the Bursa Malaysia Derivatives Exchange was up 2.1 percent at 2,166 ringgit ($523.82) a tonne at the close of trade, its strongest daily […]
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