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Thailand seeks more LNG supply

A global energy crunch is sending liquefied natural gas (LNG) prices skywards, but Thailand needs to ramp up its purchases to offset a steep production fall at its largest gas field and as sanctions threaten supplies from Myanmar. The Southeast Asian country has little choice but join the scramble for alternative gas supplies at a […]

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Nomura cuts 2022 Philippines forecast

JAPAN’S Nomura Holdings Inc. has trimmed its Philippine growth forecast for this year to 6.3 percent from 6.8 percent, pointing to fallout from Russia’s ongoing invasion of Ukraine. “We cut our GDP (gross domestic product) growth forecast… further below the government’s range of 7 [to] 9 percent,” Nomura economists Euben Paracuelles and Rangga Cipta said […]

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Singapore new private home sales fall 22.5% in February

DEVELOPERS in Singapore sold 527 new private homes in February, down 22.5 per cent from January’s 680 units, data from the Urban Redevelopment Authority (URA) showed on Tuesday (Mar 15). Including executive condominiums (ECs), which are a public-private housing hybrid, last month saw 559 units moved, down 23.6 per cent from January. Tuesday’s data was […]

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Vietnam’s logistics market getting hot

The race to expand the logistics market share is getting hot when foreign businesses have continually been pouring capital into and scaling up their operations in Vietnam, Dau tu (Vietnam Investment Review) reported. The race to expand the logistics market share is getting hot when foreign businesses have continually been pouring capital into and scaling […]

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