MALAYSIA’S construction sector may see short-term weakness given macroeconomic uncertainties, but will get a boost from completed transport infrastructure projects in the long run, said Fitch Solutions Macro Research in an Aug 19 report. Fitch Solutions lowered its forecasts for both the residential and non-residential buildings sectors. The report noted weak supply side data, with a decreasing […]
Read MoreAsean is facing existential threats such as climate change and environmental degradation, which could potentially lead to financial instability and social unrest, according to the 2019 sustainable Banking Assessment (SUSBA) by the Worldwide Fund for Nature (WWF). The study found that the 35 Asean banks assessed were not responding fast enough to these threats, based […]
Read MoreThe cabinet on Tuesday gave the green light to a 316-billion-baht stimulus package deemed vital to boosting the country’s economic growth by 0.5-0.6 percentage points this year. According to Finance Minister Uttama Savanayana, the stimulus package consists of three main groups of measures: additional allowances to low-income earners and the elderly; a debt suspension scheme […]
Read MoreThe Hanoitimes – The years of 2018 and 2019 have seen a new wave of Vietnam’s startups that raised US$50 million to $US100 million rounds for the first time. If this trend progresses, it is expected more Vietnamese companies would approach the US$0.5 billion and eventually US$1 billion valuation mark in the years to come. In […]
Read MoreKUALA LUMPUR/JAKARTA: Leading palm oil players in Indonesia see production growth being hit in the short to medium term, as the world’s top grower of the edible oil faces drought across major planting regions that is expected to delay fruit ripening and lower output. Drought has hit large parts of the archipelago as a mild […]
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Thailand
