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Singapore’s hotel market draws investors

THERE seems to be more buzz in the Singapore hotel investment market lately, as potential buyers – mostly foreigners – scout for properties in a sector where assets are tightly held. No major hotel transactions have been sealed since 2015, but investment sentiment seems to be waking up with the anticipated rise in visitor arrivals […]

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Thailand: Consumer sentiment continues rise

The consumer confidence index (CCI) rose for the second straight month in September, backed by strong exports and improved growth forecasts, but concerns about uncontrollable risks still weighed, according to the University of the Thai Chamber of Commerce. Vice-president for research Thanavath Phonvichai said the CCI rose to 75.0 in September from 74.5 in August. […]

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Vietnam: SME transparency a must for loans: experts

HANOI — Small and medium-sized enterprises (SMEs) must improve their transparency to enable them to access banking credits, experts said at a conference on Thursday. The conference was jointly held by the Vietnam Chamber of Commerce and Industry and the State Bank of Vietnam to discuss credit boosts for SMEs facing long-standing difficulties in accessing […]

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Philippines: Inflation hits 5-month high 3.4% in Sept

MANILA, Philippines — The consumer price index continued to accelerate in September, rising to a five-month high of 3.4 percent from 3.1 percent in August  and 2.3 percent in the same period last year due to faster increases in food prices, the Philippine Statistics Authority reported yesterday. The PSA attributed the faster increase in inflation […]

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Japanese firms eye Malaysia’s halal industry

KUALA LUMPUR: Japan’s Sumitomo Mitsui Banking Corp (SMBC) is looking to back a push by Japanese firms planning to invest in Malaysia’s Sharia-compliant halal market, an SMBC official said. Japanese companies active in food, cosmetics, logistics, transportation and storage are keen to tap the Malaysian market in a drive to appeal to Muslim customers globally, […]

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Help for Cambodian, Lao local schemes

Thailand is to provide the know-how and expertise to help develop community-based tourism (CBT) in Laos, Cambodia and Bhutan. This will be the first time the three countries are working closely with Thailand specifically on CBT development, after joining forces on cross-border tourism, logistics and connectivity, and environment issues. Chuwit Mitrchob, deputy director-general at the […]

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