SINGAPORE factory output was better than expected in December, as a semiconductor surge in the powerhouse electronics segment offset a decline in pharmaceuticals. Industrial production was up by 14.3 per cent year on year, cooling from 18.7 per cent in November but handily beating the median forecast of 12 per cent in a Bloomberg poll. […]
Read MoreWhile 2020 is believed to have changed the real estate industry, trends in the sector this year are forecast to sustain or be aligned with demand in the market. Trang Bui, a senior director at JLL Vietnam, said one of the five main trends in 2021 is “city in the city” and “integrated real estate”, […]
Read MoreMANILA, Philippines — Short-term government securities yesterday fetched lower rates across the board as investors swarmed the Bureau of the Treasury (BTr)’s auction facility amid strong liquidity in the financial system. Rates for the 91-day Treasury bills (T-bills) averaged at 0.969 percent, 1.5 basis points lower compared to the 0.984 percent recorded in the previous […]
Read MoreTHE asset quality of Thailand’s banks is set to deteriorate in the next 12 to 24 months, with the non-performing loan ratio expected to increase up to 6 per cent, said S&P Global Ratings on Tuesday. This compares with a reported non-performing loan ratio of 3.3 per cent in 2020 based on the banks S&P […]
Read MoreTrading in cryptocurrency in Thailand reached 14.8 billion baht during the period Jan 1, 2020 to Jan 24 of this year on seven exchanges, according to data disclosed publicly for the first time by the Securities and Exchange Commission (SEC). Three of the exchanges included in this figure only began their operations at the weekend. […]
Read MoreThe domestic shipping industry needs support from the State to develop Viet Nam’s fleet of cargo ships, according to the Ministry of Transport. The development of cargo ships is part of the strategy to develop Viet Nam’s marine economy by 2030. Therefore, the ministry has proposed the Prime Minister consider and adjust financial mechanisms to […]
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