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Thailand: Rental apartments facing demand shift

As the number of Japanese expatriates in Thailand decreased to lower than 20% of total expats for the first time in 2019 and dropped 4% year-on-year to 34,133 as of April 2019, a change in demand is seen and its impact on the rental apartment sector in Bangkok is felt, despite a healthy performance. Typically, […]

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AMRO: Philippines growth still at 6.3% in 2019, 6.5% in 2020

THE Asean+3 Macroeconomic Research Office (AMRO) on Tuesday kept its Philippine economic growth forecasts for this year and next despite seeing anemic factory and export output in the region. In the July update of its Asean+3 Regional Economic Outlook, AMRO maintained its gross domestic product (GDP) growth projection for the country at 6.3 percent for […]

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Singapore pharma sector an ‘increasingly important’ part of manufacturing: Fitch

FITCH Solutions Macro Research on Wednesday said Singapore’s pharmaceutical industry is becoming an “increasingly important” component of the country’s manufacturing sector. This is seen by increases in employment and fixed asset investments in the pharmaceutical sectors, in contrast to overall decreases seen in the manufacturing sector as a whole. In 2018, Singapore exported US$7.49 billion […]

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M&A deals in Vietnam down 47% to US$1.9 billion in H1

The Hanoitimes – An expert forecast the M&A figure could reach US$6.7 billion in 2019, down 11.84% year-on-year. In the first six months of 2019, total transaction value from merger and acquisition (M&A) deals in Vietnam hit US$1.9 billion, down 47% year-on-year at US$3.55 billion. The figure was announced at a press conference held by […]

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Thailand: Domestic car sales up

The local car market posted 523,770 units sold in the first half of 2019, up 7.08% year-on-year, led by the top three brands – Toyota, Isuzu and Honda, according to the sales volume report from Toyota Motors Thailand. Toyota reported the biggest growth of 20.82% for its vehicle sales from January to end June at […]

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Thailand: Rice exports down on strong baht

Rice exporters on Wednesday lowered their target for the year from 9.5 million tonnes to 9 million, after a sharp fall in first-half shipments due to the strong baht and ample global stockpiles. Thailand’s rice exports from January to June this year fell 19.6% compared with the same period last year, the Thai Rice Exporters […]

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