Finance Minister Apisak Tantivorawong sees interest rate hikes, capital mobility and political stability after the general election as economic concerns for 2019. Cheap money is no longer available, he said, referring to the central bank’s policy rate increase in December. Farm sector reform is still far-fetched and state subsidies are still needed, he said. Reforming […]
Read MoreKUALA LUMPUR: Malaysian palm oil futures rose to their highest in nearly two weeks on the first trading day of 2019, after world’s largest edible oil importer India announced import tax cuts, amid expectations of a fall in production. The benchmark palm oil contract for March delivery on the Bursa Malaysia Derivatives Exchange was up 2.1 percent at 2,166 ringgit ($523.82) a tonne at the close of trade, its strongest daily […]
Read MoreThe banking sector is expected to make strides forward this year as fiercer competition forces banks in Myanmar to level up. “This year, the banking environment will be much better than before. There are still many hurdles left to cross to liberalise and strengthen this sector so that it can support the economy. Nevertheless, we […]
Read MorePRIVATE home prices are expected to remain flat or rise slightly this year, supported by a slew of new projects poised for launch. After five straight quarters of growth, private residential prices dipped 0.1 per cent in the fourth quarter of 2018 over the preceeding three months, led by the softening in prices of the landed […]
Read MoreResidential developers should be more cautious with new supply launches in Greater Bangkok in 2019 as the absorption rate declines, leading the number of unsold units to exceed the five-year average, says the Real Estate Information Center (REIC). Vichai Viratkapan, acting director-general of the REIC, said a significant decrease in the absorption rate will take place […]
Read MoreHANOI — Vietnam needs to learn about new forms of investment to raise appropriate policies for attracting foreign money, according to chairman of the Vietnam Association of Foreign Invested Enterprises Nguyen Mai. Mại said non-equity modes of investment (NEMs) would be an increasingly important form for attracting foreign capital in Vietnam. Several Vietnamese firms already attracted […]
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Thailand
