MANILA, Philippines — The net inflow of foreign direct investment (FDI) into the Philippines almost tripled in June, rising 183 percent to $674 million from $238 million a year ago, the Bangko Sentral ng Pilipinas reported yesterday. “In part, the increase in FDI inflows in June was largely due to the expansion in debt instruments […]
Read MoreRegulations to the 2016 Condominium Law, which will be enacted soon, will allow foreign nationals to take a maximum stake of 25 percent in a condominium property, among other new provisions, said U Nway Hmu, deputy director of the housing division under the Urban and Housing Development Department. The real estate market in Myanmar has slowed […]
Read MoreThailand’s sovereign bonds don’t yield much more than US Treasuries, they cost less to insure than Spanish notes and its currency is more stable than China’s managed yuan. In a sign of how the flood of money into emerging markets is upending conventional wisdom, military-run Thailand with a credit rating just three levels above junk at Moody’s […]
Read MoreTEMPO.CO, Jakarta – Bank Indonesia suggests that the government and the House of Representatives (DPR) should be wary of The Fed interest rate hikes next year. Interest rate hike will be taken into account in the proposal of the rupiah exchange rate assumption in the draft 2018 state budget (RAPBN). Bank Indonesia Senior Deputy Governor Mirza Dityaswara […]
Read MoreTEMPO.CO, Jakarta – A survey conducted by Bank Indonesia (BI) shows that retail sales in July declined as the public consumption returned to normal after Ramadan and Eid al Fitri. The fact is reflected by the real sales index (IPR) that stood at 209.9 in July 2017, declining by 3.3 percent year-on-year. “The declining retail sales occurred in the food and non-food groups,” the central bank (BI) reported yesterday, Sept. 11. On the regional basis, the decline in IPR occurred […]
Read MoreSINGAPORE – The resale market for condominiums shows signs of heating up, going by flash estimates from SRX Property on Tuesday (Sept 12) Resale prices of non-landed private homes in August rose 0.7 per cent month-on-month and 3.2 per cent from a year ago. They are now off just 4.3 per cent from their last […]
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Thailand
