MANILA, Philippines — The Philippine economy has to expand by more than six percent every year until 2028 to ensure that the government can repay the debts piled up by the Duterte administration during the COVID pandemic. Finance Secretary Carlos Dominguez III yesterday said the incoming administration should not only come up with a fiscal […]
Read MoreThe Central Bank of Myanmar (CBM) announced on April 20 that it will exempt seven organizations, including MIC-licensed FDI, investments made in special economic zones and state-owned/national-owned international airlines, from dollar to kyat exchange within a day. According to the Notification No. (12/2022) of the Central Bank of Myanmar announced on April 3, the foreign […]
Read MoreSince doi moi (renovation) in 1986, the Vietnamese real estate market has witnessed many ups and downs, including four “price fevers” so far. The first spell occurred in 1990-1992, and the second in 2000-2002. In fact, this was not a real fever but just a price increase as Vietnam shifted from a subsidy economy to […]
Read MoreSingapore home price growth slowed last quarter as curbs on residential property at least temporarily reined in the nation’s surging real estate market. Prices climbed 0.7% in the first quarter from the previous three months, when they jumped 5%, Urban Redevelopment Authority data showed Friday. That’s higher than the preliminary estimate of 0.4%. The subdued […]
Read MoreBilateral trade between Cambodia and Vietnam totalled $1.72205 billion in the first quarter of 2022, representing a 13.6 per cent increase from the $1.5153 billion recorded in the corresponding period last year, according to Customs. In January-March, Cambodian exports to Vietnam clocked in at $758.81 million, rising by 3.9 per cent year-on-year, and imports were […]
Read MoreThe baht opened at 33.90 to the US dollar on Friday, the highest in four months, strengthening from Thursday’s close of 33.85. Krungthai Bank market strategist Poon Panichpibool predicted that the currency will move between 33.80 and 34 during the day. He added that the baht may further strengthen to 34 as it is being […]
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Thailand
