THE Real Estate Developers’ Association of Singapore (Redas) said the latest set of cooling measures was “rather unexpected”, considering the property market is just beginning to emerge from the challenging Covid-19 situation. The quantum of increase in the additional buyer’s stamp duty (ABSD) rates, especially the revised land ABSD of 35 per cent for entities, […]
Read MoreCentral banks in Indonesia and the Philippines held their key interest rates steady to help entrench economic recoveries that are picking up pace as Southeast Asia’s worst Covid outbreaks recede. Bangko Sentral ng Pilipinas left the benchmark rate at 2% on Thursday, as predicted by all 20 economists in a Bloomberg survey. Minutes later, Bank […]
Read MoreVigilance in social distancing, testing, and quarantining is important to avoid a new wave of infections affecting lives and forcing new restrictive measures. Vietnam’s economic conditions continue to improve, as both industrial production and retail sales registered a third month of growth, according to the World Bank’s monthly report. In November, the industrial production index […]
Read MoreThailand has launched a new tourism website, aiming to make travel to the country easier for the 8-15 million tourists expected to visit next year. The central platform, named Entry Thailand, includes necessary information before arrival, providing basic information and documents that tourists have to prepare in advance with complete links to third-party organisations involved with […]
Read MorePrime Minister Hun Sen has expressed optimism that the Kingdom’s GDP growth this year will reach around 3 percent, which is more than the rate mentioned in the budget bill. Speaking at the inauguration ceremony of Hyatt Regency Phnom Penh yesterday, Mr Hun Sen said the growth is optimised to reach beyond the 2.4 percent […]
Read MoreMANILA, Philippines — The British Chamber of Commerce Philippines (BCCP) wants the next administration to make investments in digital infrastructure, as well as conduct trade missions to the United Kingdom as part of efforts to encourage more investments into the country. The group also emphasized the importance of immediately approving amendments to the Retail Trade […]
Read More
Thailand
