KUALA LUMPUR (Bernama) – The value of construction work done in the third quarter 2019 (3Q19) contracted 0.6 per cent year-on-year at RM36.1 billion from RM35.9 billion in the second quarter of this year (2Q19), said Chief Statistician Malaysia Datuk Seri Dr Mohd Uzir Mahidin. He said civil the engineering subsector registered the highest growth […]
Read MoreSINGAPORE (BLOOMBERG) – The fortunes of two of Asia’s hottest property markets are diverging. Singapore is now ranked No 1 for real estate investment prospects in terms of price increases in 2020. Hong Kong, buffeted by months of violent anti-government protests, has plunged to the bottom of the list from 14th place in 2019. That’s according […]
Read MoreTRADE diversion into the Asean-6 economies — as a result of continuing tensions between the United States and China — gathered pace in the third quarter of 2019, Citi economists Kit Wei Zheng and Ang Kai Wei said in a Nov 10 research note. Growing share As evidence of trade diversion, the economists looked at […]
Read More[JAKARTA] Indonesia has allowed nine companies to resume nickel ore exports after inspections into reports of ore export rules violations, Heru Pambudi, the director general of the country’s customs office, said on Monday. Among the companies allowed to export ore again are state-controlled miner PT Aneka Tambang and PT Trimegah Bangun Persada, according to an […]
Read MoreThat cold, hard cash in your pocket, and the traditional shop-front banks that give it to you, are slowly being phased out and replaced with e-payments. It’s now expected that traditional banks in South east Asia will miss out on as much as US$5 billion, or 14.3% of their payments revenue by 2025. A report […]
Read MorePONTIAN (THE STAR/ASIA NEWS NETWORK) – As next weekend’s by-election in Johor’s Tanjung Piai draws closer, Economic Affairs Minister Azmin Ali on Sunday (Nov 10) said the government has plans to create another new economic corridor in the state. Datuk Seri Azmin said the proposed new economic corridor will be deliberated by his ministry and tabled […]
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Thailand
