PETALING JAYA: A big cloud hangs over the Malaysian manufacturing sector after its Purchasing Managers’ Index (PMI) for December 2018 hit its lowest on record. An economist said there was a significant fall in demand, while export orders dropped for the first time since June resulting from weakness across the Asia-Pacific region. IHS Markit economist […]
Read MoreSINGAPORE’S economy is cooling but a sharp crash is not expected, watchers have said, even as they look to next month’s Budget for relief amid a hazy outlook for monetary policy. The economy chalked year-on-year growth of 2.2 per cent in the final quarter of 2018, according to flash estimates on Wednesday – easing a […]
Read MoreHCM CITY — The HCM City Real Estate Association has rejected media reports that there has been a surge in the purchase of housing in HCM City by foreigners, with most being from mainland China and Hong Kong. Many newspapers had quoted property consultancy CBRE Vietnam as saying 31 per cent of housing actually sold […]
Read MoreThe office space market will continue to be robust over the next two years, with rents breaking historical records and demand expected to rise after the 2019 general election, according to property consultant Knight Frank Thailand. Marcus Burtenshaw, executive director and head of occupier services and commercial agency, said the general election will spur demand for […]
Read MoreDespite uncertainty caused by the July general elections, 2018 was an excellent year in terms of business performance for a number of key players in the local financial sector. Representatives of Acleda Bank and microfinance institutions Amret, Prasac, and Hattha Kaksekar Limited told Khmer Times that 2018 exceeded their expectations when it comes to important […]
Read MoreMANILA, Philippines — Term deposits fetched lower rates across all tenors as banks swarmed the first auction for 2019 with funds coming back into the financial system. The yield of the seven-day tenor dropped by 11.19 basis points to 5.0784 percent at the term deposit auction facility (TDF) from a record high of 5.1903 percent […]
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Thailand
