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Laos gets rail boost from China

NEWS flow on the construction of the China-Laos railway is giving confidence that the mega infrastructure will be on track for completion in December next year, and Laos will reap vast economic benefits from the project. Last month, the Laos-China Railway Company announced that the boring of the final tunnel of the 414km rail project […]

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Malaysia: Foreign interest in local bonds strong

PETALING JAYA: Despite the third wave of Covid-19 sweeping the country and new clusters emerging, foreigners remain bullish on Malaysian bonds. For the fifth month in a row, foreign inflows into the ringgit debt securities or bonds in September recorded net foreign inflows, albeit lower than in August. Amid the virus spreading into other states, […]

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Cambodia: Local bourse suffers from liquidity woes

Cambodia’s financial industry has outlined more listings, an improved trading eco-system and overall community awareness as key focus areas to increase the low levels of liquidity in the local securities exchange. Established in 2011, the Cambodia Securities Exchange (CSX) for many years held the title as the smallest exchange in the world but has been […]

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Philippines; 70% of small businesses hurt by pandemic

MANILA, Philippines — Nearly 70 percent of micro, small and medium enterprises (MSMEs) reported lower sales due to the pandemic, according to a survey conducted by the Department of Trade and Industry (DTI). During the online dialogue of the DTI with the Union of Local Authorities of the Philippines, Trade Undersecretary Ireneo Vizmonte said the […]

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Thailand: Bangkok Bank warns of glut in low-rise housing

Bangkok Bank has warned of a possible oversupply in the low-rise housing market in Greater Bangkok as many developers flee the sluggish condo sector for the segment. Phairach Sakwit, senior vice-president for property development at Bangkok Bank, said there were about 300,000 unsold residential units in Greater Bangkok as of the first half of 2020. […]

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