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    Malaysia’s construction sector expands 8.1% in 2Q 2023 – DoSM
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    • January 17, 2022
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    Thailand: High construction costs, shortage of labour to push property prices up by 3-5%

    Property developers expect to hike their prices by 3 to 5 per cent this year due to rising construction costs and a restoration of balance in the property market. Apa Ataboonwongse, chief executive officer at Richy Place, said on Friday that now that some of the properties in stock since 2020 have moved, developers will […]

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    • January 17, 2022
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    Vietnam’s economic growth set to accelerate to 5.5% in 2022: World Bank

    Upcoming monetary-fiscal support programs may put Vietnam in the position to become a high-income country in the 2045-2050 period. Vietnam’s economic recovery is likely to accelerate in 2022 as GDP growth is expected to rise to 5.5% from 2.6% in the year just ended. World Bank’s Senior Economist Dorsati Madani revealed the forecast at the […]

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    • January 17, 2022
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    Philippines: BSP eyes new index to gauge consumer, business sentiment

    MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is launching a new index to help gauge the sentiment of consumers and businesses based on the prevailing economic conditions. BSP Governor Benjamin Diokno said the central bank is developing a News Sentiment Index that will be based on online economic and financial news. “The index […]

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    • January 17, 2022
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    Thailand: 4th phase of shopping subsidy can be expected on Valentine’s Day

    The fourth phase of the government co-shopping subsidy “Khon La Khrueng” (Let’s Go Halves) may arrive sooner than scheduled, Finance Minister Arkhom Termpittayapaisith said on Friday. he ministry is considering moving the registration date for the new round of Let’s Go Halves to mid-February, probably on the 14th as a Valentine’s gift to Thai people,” […]

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    • January 14, 2022
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    Thailand: Baht likely to swing sideways unless new factors surface

    The Thai baht opened at 33.23 to the US dollar on Friday, strengthening from Thursday’s closing rate of 33.25. The currency is likely to move between 33.20 and 33.35 to the greenback during the day and even swing sideways unless there is a new factor, Krungthai Bank market strategist Poon Panichpibool predicted. He said the […]

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    • January 14, 2022
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    Malaysia: Reopening of economy to spur industrial sector demand

    KUALA LUMPUR: In the short to medium term, the reopening of the country’s economy is expected to spur demand in the industrial sector, as evident by improved transactional activities in the second half of 2021 (H2’21), Bernama reported, citing property consultancy firm Knight Frank Malaysia. The national news agency quoted Knight Frank Johor branch director […]

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