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PSA: Philippines lags on growth, poverty targets this year

MANILA, Philippines — While the country exceeded the economic development target on shelter and housing, the likelihood of meeting goals in other core indicators such as gross domestic product (GDP) growth rate, poverty incidence as well as in terms of sectors such as social protection and infrastructure are low, a Philippine Statistics Authority (PSA) report […]

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Thailand: Land prices in Bangkok keep slowing

Prices of vacant land in Greater Bangkok are growing at a slower pace due to the sluggish economy and the full collection of the land and building tax, which started this year. Vichai Viratkapan, acting director-general of the Real Estate Information Center (REIC), said the price index of vacant land in Greater Bangkok was 354.5 […]

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Strong commitment towards FDIs in Brunei

Hengyi Industries Sdn Bhd (Hengyi Industries) signed an Islamic Syndicated Term Financing Agreement totalling USD263 million with Bank Islam Brunei Darussalam (BIBD), Baiduri Bank and Perbadanan Tabung Amanah Islam Brunei (Perbadanan TAIB), marking the start of a new collaboration between Hengyi Industries and the local financial institutions. The signing ceremony was held at The Empire […]

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