MANILA, Philippines — Higher demand for dollar-denominated investments is expected as the greenback scales historic highs and the US Federal Reserve sustains its tight monetary policy. “Dollar-denominated assets should be favorable when the dollar exchange rate is strengthening, especially if it is on account of increasing interest rates, as the case is today,” Antonio Agcaoili, […]
Read MoreWhile forecasting a five percent growth for Cambodia’s economy this year, the visiting International Monetary Fund (IMF) mission yesterday said the rising private debt remains a big concern in the Kingdom and urged the National Bank of Cambodia (NBC) to strengthen its vigil. Addressing the media at a virtual press conference following the two-week-long annual […]
Read MoreKUALA LUMPUR: Malaysia remains a destination for real estate investment for Chinese investors as the slowdown in the republic’s property market is leading to an increase in Chinese investment in overseas properties, especially in South-East Asia. Juwai IQI said in a report that many Chinese buyers believe Malaysia’s property market will recover from its current […]
Read MorePETALING JAYA: Malaysia’s trade remained sturdy in August with double-digit growth recorded for exports and imports. In a statement, the Ministry of International Trade and Industry (Miti) said trade surged by 56.7% to RM265.74bil compared with August 2021 – the 19th consecutive month of double-digit growth. Exports jumped by 48.2% to RM141.33bil, the 13th successive […]
Read MoreThailand is one of the first countries in Asia to see tourism rebound from the pandemic, driven by positive signals from both foreign and domestic travellers, according to Agoda. “Thailand is leading Asia in terms of inbound tourists, but it has not yet reached 2019 levels,” said Omri Morgenshtern, chief executive of Agoda, an Asia-focused online […]
Read MoreCambodia had made a total of $544.1 million from the exports of dry rubber and milled rice during the first eight months of 2022, according to official reports on Tuesday. A report from the General Directorate of Rubber showed that the Southeast Asian nation exported 194,014 tons of dry rubber during the January-August period this […]
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