In his message marking World Habitat Day on Monday, the UN chief said more “urgent action and greater investment” is the key to help alleviate the current “cascade of challenges”. Secretary-General António Guterres declared that “from climate chaos and conflicts to Covid-19”, the most vulnerable were being hit the hardest. Amplifying this year’s theme, Mind […]
Read MoreReal estate sector attracted 3.5 billion USD in foreign direct investment (FDI) the first nine months of this year, accounting for mearly 19% of total FDI that the country lured in the period, coming second among sectors in terms of FDI attraction. According to Foreign Investment Agency under the Ministry of Planning and Investment (MPI), […]
Read MoreThailand’s economic recovery is likely intact and inflation should ease next year, the central bank chief said on Tuesday. Bank of Thailand (BoT) Governor Sethaput Suthiwartnarueput was speaking to a business seminar. The BoT has forecast economic growth of 3.3% for this year and 3.8% next year. Mr Sethaput reiterated that rate hikes would be gradual […]
Read MoreCNA – Asia’s factory output mostly weakened in September as slowing demand in China and advanced economies added to the pain from persistent cost pressures, surveys showed yesterday, clouding the region’s economic recovery prospects. Manufacturing activity shrank in Taiwan and Malaysia, and grew at a slower pace in September compared with August in Japan and […]
Read MoreMANILA, Philippines — The country’s manufacturing activity continued to grow in September, rising to a three-month peak, due to stronger demand. S&P Global Market Intelligence said in a report released yesterday that the Philippines’ manufacturing purchasing managers’ index (PMI) was at 52.9 in September, up from the 51.2 in August. The latest reading is the […]
Read MoreThe Asian Development Bank (ADB) said Brunei Darussalam’s economic growth forecast next year is 3.6 per cent, which is unchanged from their earlier projection in April on the assumption that crude oil prices will remain elevated in the medium term. In its latest economic outlook published recently, ADB said the Sultanate’s gross domestic product (GDP) […]
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