PETALING JAYA: The competition for construction project tenders is set to intensify following recent cancellations and postponements of mega projects in the country. TA Securities said contractors might have to sacrifice some margins to secure new projects as they compete for a smaller pie in the market. “With prices of key construction materials such as […]
Read MoreMANILA, Philippines — Buyers from mainland China had dominated residential sales in the Philippines amid improving ties between Manila and Beijing, real estate services firm Leechiu Property Consultants said. In a report dated March 18, Leechiu Property said overseas Filipino workers are no longer the top buyers in the residential market following a surge in mainland Chinese […]
Read MoreThong Lor, Ramkhamhaeng, Charoen Nakhon, Sam Yan and Talat Phlu will be the top five locations for new condo launches this year despite concern over the property market outlook. Phattarachai Taweewong, associate director of property consultant Colliers International Thailand’s research department, said those locations have strong demand and supply launched in previous years did not accumulate […]
Read MoreShip manufacturers in Batam, Riau Islands, are urging the government to revise an antidumping regulation as it is could affect the competitiveness of local companies. The controversial regulation in question is Finance Minister Regulation No. 120/2017 on the mechanism of antidumping duties. Since Jan. 25, the customs authority in Batam has been collecting levies from […]
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Thailand
