Resale prices of non-landed private homes rose for the fifth straight month in March to hit a 2½-year high, according to data out yesterday. Flash estimates put SRX Property’s private resale index at 168.8 last month, the highest since September 2014. In other bullish indicators, the number of units sold improved by over 50 per […]
Read MoreThe latest economic data is promising, as it shows that many economies have been gathering growth momentum after the lacklustre performance over the past several years, according to a report by consulting firm Deloitte. But a modest recovery in the global economy is projected to indicate economic stabilisation, but not a sign of robust revival. Many […]
Read MoreWith the interest rate cap of 18 percent in full force for all new and restructured microfinance loans after the National Bank of Cambodia (NBC) issued a populist measure to curb high interest rates, microfinance institutions (MFIs) are starting to give predictions for lower profits this year as the new lending reality takes hold. The […]
Read MoreThailand’s top business group expressed concern Monday about the impact of coming changes in US trade policy under President Donald Trump on Thai exports. Thailand runs a large trade surplus with the United States and Trump last month ordered a study of the causes of US trade deficits. “This is important and could create uncertainty […]
Read MoreMANILA, Philippines – Foreign direct investment (FDI) inflows recorded a double-digit growth of 13.2 percent in January as investors remained optimistic on the growth potential of the Philippines, the Bangko Sentral ng Pilipinas (BSP) reported yesterday. Net FDI inflows reached $685 million in January, $80 million higher than the $605 million booked in the same […]
Read MorePutting the government’s performance into perspective. Interview with Peter Beynon from the British Chamber. MANY in the business community have expressed disappointment over the new civilian-led government’s first year of office. But how does the pace of change in Myanmar compare to her neighbours? Chair of British Chamber of Commerce Myanmar Peter Beynon told The […]
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