Thailand: Land prices expected to drop when new tax law enters force next year Tuesday, August 16, 2016 – LAND PRICES will drop by as much as 10 per cent next year after the land and building tax becomes effective, Pruksa Real Estate chief executive officer Thongma Vijitpongpun has forecast. “Most landlords who hold land […]
Read MoreIndonesia: Trade Balance Sees Surplus at US$590mn, Rupiah Expected to Bounce TUESDAY, 16 AUGUST, 2016 – Indonesian Trade Balance sees surplus at US$590 million has received positive revise from foreign exchange despite having a surge in export and import sector, rupiah has bounced back at 13,098 per US Dollar. Research Head of NH Korindo Securities, […]
Read MoreCambodia: Cambodia Asks East Timor to Import Rice, Sugar Cambodia is seeking to export milled rice and sugar to East Timor, according to the Ministry of Commerce, with experts saying it will expand markets for the Kingdom?s agricultural products. Minister of Commerce Pan Sorasak on Friday asked East Timor?s Ambassador to Cambodia Felicidade de Sousa […]
Read MoreThailand: Thai growth dips in Q2 Tuesday, 16 August 2016 – THAILAND’S economic growth slowed in the three months to June, new figures released yesterday showed, days after a string of bomb and arson attacks struck the country’s crucial tourism sector. High household debt, weakening exports, slumping foreign investment and low consumer confidence have cramped […]
Read MoreBrunei: July car sales fall by 24.7 per cent Tuesday, 16 August 2016 – CAR sales fell by 24.7 per cent in July from the previous month, according to the latest statistics from the Brunei Automobile Traders Association (BATA), despite a strong showing from newer models. In the monthly report from BATA, a total of […]
Read MoreSingapore: Oil remains near five-week high on expectation of producer action Tuesday, 16 August 2016 – Oil prices remained near five-week highs on Tuesday, fueled by talk of producers taking action to prop up the market, although some investors cashed in during Asian hours on the 16 percent rally since early August. Brent crude futures […]
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