MANILA, Philippines — Property prices sustained their growth momentum for three straight quarters, rising by 5.6 percent in the first three months this year amid the further reopening of the economy from strict COVID-19 quarantine and lockdown protocols. The Bangko Sentral ng Pilipinas (BSP) said the Residential Real Estate Price Index (RREPI) increased to 139.6 […]
Read MoreThailand’s car manufacturing for export from January to May decreased by 40% year-on-year to 72,527 units due to sluggish purchase orders, particularly from the European and US markets, says the Federation of Thai Industries (FTI). In May, car production for export fell by 23% year-on-year to 13,925 units. The decrease was attributed to the prolonged […]
Read MoreThe fields of medical services, beauty and e-commerce are tipped to see the brightest prospects in the second half of the year, according to the latest survey by the University of the Thai Chamber of Commerce (UTCC). Thanavath Phonvichai, UTCC president, said the pandemic caused people to pay more attention to their healthcare, diet and […]
Read MoreThe finance minister and the Bank of Thailand (BOT) on Thursday reiterated that cryptocurrencies cannot be used as a means of payment because it could affect the stability of the baht. Finance Minister Arkhom Termpittayapaisith’s response came a day after the Securities Exchange Commission announced its new regulation to ban the use of digital assets […]
Read MoreSINGAPORE is charging ahead with green and digital economy agreements and is keen to work with Asean members to leverage new opportunities that will emerge from these fields in the coming years. On the digitalisation front, strengthening digitalisation among Asean members is key. Digital trade documentation, for instance, is an important facility that will allow […]
Read MoreVietnam’s carbon market is expected to thrive in the near future, given that the country has large forest reserves and many corporations stand ready to pour billions of US dollar to purchase forest carbon credits from Vietnam. It was estimated that Vietnam will be able to sell 57 million carbon credits to international organisations annually. […]
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