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Singapore: MND cuts private housing supply for H1 2019 Government Land Sales Programme by about 20%

THE government has decided to moderate the total supply of private residential units for the first-half 2019 Government Land Sales (GLS) Programme, citing the significant growth in pipeline supply while demand has started to moderate following the introduction of the July property cooling measures. The Ministry of National Development (MND) said on Thursday  morning that the H1 2019 GLS Programme […]

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A slowdown in US could hurt Cambodia’s exports

Investors in Southeast Asia are bracing for the potential impact of a recession in the US even as the world’s largest economy nears its longest stretch of growth in history. Mekong Strategic Partners, a Phnom Penh-based investment manager and advisor, says it expects “quite a bit” of a slowdown in the US, which will have […]

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Vietnam to continue removing 50% business conditions in 2019

The Hanoitimes – The success of the business community would bring prosperity for Vietnam in the next decades. Prime Minister Nguyen Xuan Phuc requested ministries and government agencies to remove and simplify at least 50% business and investment conditions in 2019.  In three consecutive years from 2016 – 2018, the government has issued resolution No.19 on […]

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Philippines: Economists see possible rate cuts early 2019

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) may pause from its tightening episode and even start cutting its interest rates next year as a result of the easing of inflationary pressures, according to economists. ANZ Research said the moderation in inflation to below market estimates at six percent in November from a near 10-year high of 6.7 percent […]

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Malaysian palm oil price drops on high stock outlook, Indonesian levy change

KUALA LUMPUR: Malaysian palm oil futures fell more than 1 percent on Wednesday due to expectations of rising inventories in Malaysia and a change in Indonesia’s export levy rules. Indonesia relaxed rules on palm oil levies and derivative products effective immediately following a drop in prices, the country’s finance ministry said on Wednesday. It will not collect levies from palm […]

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Thailand: Parsing digital asset classes

The allure of digital asset investment has returned to the attention of investors with legislation that would regulate digital asset trading and transactions in Thailand.  But there seems to be confusion over the definition and essence of each digital asset class, as many have grouped cryptocurrencies and digital tokens into the same category.  “Most people […]

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