th01
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Thailand: New transit lines ready for condo hype

Locations near three new mass transit lines — Orange, Pink and Yellow — are the top five hotspots for new condo supply being launched in 2020, with large developers dominating the market. Phattarachai Taweewong, associate director of property consultant Colliers International Thailand’s research department, said these locations have attracted condo developers because land prices are […]

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bru01
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Brunei GDP grows 2% in Q3 2019

Brunei’s economy grew 2% to $4.6 billion (real GDP) from July to September (Q3) 2019 driven by increased production of crude oil and banking services. Crude oil production increased from 105.5 thousand barrels per day in Q3 2018 to 113.3 thousand barrels per day in Q3 2019, although oil prices dropped by US$11.1 per barrel […]

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WeChat Pay now legal in Indonesia, says BI

Bank Indonesia (BI) has officially granted China-based e-wallet heavyweight WeChat Pay a permit to operate in the country. BI deputy governor Sugeng said the central bank granted the permit on Jan. 1. “WeChat Pay is now legal [in the country],” he said on Saturday as quoted by kompas.com via Kontan. Regulators agreed to grant the permit after WeChat […]

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