A robust office market has attracted non-developer Thai investors and foreign investment groups, with a large amount of new supply being added in Bangkok after 2024, according to property consultant Colliers International Thailand. Phattarachai Taweewong, associate director of research and communications at Colliers, said new office supply in the pipeline scheduled for completion from 2025 […]
Read MoreKhmer Enterprise (KE), a unit of the Entrepreneurship Development Fund established by the Ministry of Economy and Finance (MEF), is calling for applications for the KE Assistance Package second round for small and medium enterprises (SMEs) and startups. Applications opened from July 27 onward. The KE Assistance Package is a strategic programme that addresses and […]
Read MoreDespite improvement in July, Indonesia’s manufacturing industry has yet to recover from the deep downturn earlier this year, as domestic consumption remains weak, economists and businesspeople have said. IHS Markit’s Manufacturing Purchasing Managers’ Index (PMI) for Indonesia, a gauge of the country’s manufacturing activities, climbed by almost eight points from 39.1 in June to 46.9 […]
Read MoreAnalysts from real estate consultant Jones Lang LaSalle have said domestic and foreign investors alike are actively seeking to purchase high-end hotels in downtown areas, mostly due to limited land supply. Restricted credit going to domestic investors is also expected to see more foreign investors arrive, especially those hoping to buy shares in existing projects. […]
Read MoreThe Myanmar economy is projected to rebound faster than regional and global averages and will benefit from China’s relatively swift recovery, according to Oxford Business Group’s report called Covid-19 Response Report (CRR) , produced in partnership with the medical equipment supplier Okkar Thiri. While no economy remains immune to the negative effects of Covid-19, the […]
Read MoreIn anticipation of higher loan defaults MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has ordered banks to conduct a comprehensive assessment of the impact of the COVID-19 pandemic on the industry’s loan portfolio in anticipation of higher defaults. BSP Deputy Governor Chuchi Fonacier said BSP-supervised financial institutions should be able to distinguish borrowers […]
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Thailand
