After a period of strong negative impacts caused by the pandemic, real estate investment activities in Asia-Pacific and Vietnam in particular started to show signs of recovery in the second half of the year, and are expected to return towards a stable increase moving into 2021 and 2022. According to the latest report released by […]
Read MoreTo avoid an oversupply, the government should support foreign buyers purchasing residential units with measures to counterbalance the shortfall in domestic demand, says Thailand Development Research Institute (TDRI). Nonarit Bisonyabut, senior research fellow at TDRI, said the government could allow foreigners to bid to purchase residential units. This method can attract their interest and limit […]
Read MoreMANILA, Philippines — The World Bank has downgraded its economic forecast for the Philippines this year following the still steep decline in output in the third quarter and the onslaught of devastating typhoons last month. In the December issue of the Philippines Economic Update, the multilateral lender said its now expects the gross domestic product […]
Read MoreThe Confederation of Indian Industry (CII), in partnership with the Ministry of Commerce and Industry, Government of India, held the sixth India-CLMV business conclave: Building Bridges for Constructive Development virtually with Cambodia, Lao PDR, Myanmar and Vietnam (CLMV). The two-day event earlier this month created a platform to strengthen India’s cooperation with the CLMV countries. […]
Read MoreKUALA LUMPUR: Top priority will be given to the development of digitalisation in the new services sector blueprint 2021-2025 to complement the Jalinan Digital Negara Plan (Jendela), the International Trade and Industry Ministry (Miti) said. Senior Minister and International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali said all new programmes on digitalisation under […]
Read MoreThe Thai National Shippers’ Council expects Thai exports will rebound to 3-5% growth next year, driven by the Regional Comprehensive Economic Partnership (RCEP) pact, Covid-19 vaccine progress and a fast economic recovery in China. Chairwoman Ghanyapad Tantipipatpong said on Tuesday the figures are based on the council’s “conservative forecast” for 2021 exports. The growth is possible […]
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