MANILA, Philippines — Revisions in gross domestic product (GDP) data in the third quarter of 2021 brought down the economy’s growth rate to 6.9 percent, the Philippine Statistics Authority (PSA) reported yesterday. GDP adjustments are regularly done as a consideration to the late release or updates of some pertinent data. It is also consistent with […]
Read MoreRising building material prices can pose challenges to the recovery of the property sector in Malaysia this year. According to experts, house prices may go up as a result of costlier building material prices, as developers pass the cost to buyers. “We expect that the property market will do better than the past two years, […]
Read MoreVietnam’s Ministry of Finance has proposed police coordinate with tax departments to investigate and handle tax avoidance in real estate buying and selling. This is part of proposals that Minister of Finance Ho Duc Phoc sent to the Ministry of Public Security, the Ministry of Justice and the people’s committees of the provinces and centrally-run […]
Read MoreThe government is promoting the digital economy as a new source of economic growth through increased productivity and economic efficiency. With the key role of digital technology in the banking and finance sector, the Association of Banks in Cambodia (ABC) organised its first 2022 Digital Forum on Cambodia Digital Economy and Society Policy Framework 2021-2035 […]
Read MoreMANILA, Philippines — The country’s agriculture sector fell by 1.7 percent in 2021, mainly driven by declines in the livestock sector. Data from the Philippine Statistics Authority (PSA) showed that the value of production in local agriculture inched up to P495.5 billion in the last quarter of 2021 rom P492.8 billion in the same period […]
Read MoreThe baht opened at 33.15 to the US dollar on Thursday, weakening from Wednesday’s closing rate of 32.96. The Thai currency is likely to move between 33.05 and 33.25 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said the baht is likely to fluctuate and weaken as the dollar strengthens after the […]
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