vn03
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Vietnam: Petrolimex proposes loosening foreign ownership cap to 49% to lure buyers

The Hanoitimes – Petrolimex, Vietnam`s largest petroleum distributor, has suggested postponing the further sale of its shares until the 2019 – 2020 period, citing unfavorable market conditions in 2018 as reason. Vietnam National Petroleum Group (Petrolimex) has proposed expanding the foreign ownership limit in itself to 49% from the current 20% to attract investors, especially foreigners, […]

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Singapore home prices won’t pop without migrants

[HONG KONG] If Sherman Kwek sounds annoyed, he has his reasons — 2.9 million square feet worth of reasons. That figure, equating to 270,000 square metres, is the total saleable area of apartments almost ready to hit the market on the books of City Developments Ltd, the Singapore developer controlled by the family of billionaire […]

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kuala lumpur city centre
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US-China conflict may curb Malaysia’s GDP growth

KUALA LUMPUR: The United States-China trade war could adversely impact Malaysia’s Gross Domestic Product (GDP) growth by 1.3 per cent against what has been projected over the next two years. CIMB Group  Chief Economist Dr Donald Hanna said this scenario was possible if the tariff war continued to escalate and shake the confidence of financial markets, […]

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