Merger and acquisition (M&A) activity looked strong at the beginning of 2020 with numerous transactions, including the acquisition of the Ninth Towers office building and Unilever House office building projects (US$186 million and $50.4 million, respectively) by CPN Retail Growth Leasehold REIT. In the first quarter of 2020, according to international consulting firm KPMG, the […]
Read MoreKUALA LUMPUR: Almost seven in 10 Malaysian consumers (69%) are buying more from local brands to help these businesses bounce back from the Covid-19 pandemic, according to the UOB ASEAN Consumer Sentiment Study. The survey has also found that 60% of Malaysian consumers surveyed have spent more on businesses that support lives and livelihoods affected […]
Read MoreThe government has decided to extend the stamp duty tax exemption deadline for property worth less than $70,000 from January to December 2021. The official announcement, released this week, is intended to boost the economy by encouraging more property transactions. In its announcement, the government also urged developers to provide more discounts to buyers. This […]
Read MoreYEARENDER MANILA, Philippines — Before the COVID-19 pandemic, the Philippine economy was already considered a rising star – one of the fastest-growing markets in Asia, with strong growth prospects, a vibrant consumption culture, and a young, skilled workforce. Now, the health crisis threatens to undo years of gains in improving employment, reducing poverty and developing […]
Read MoreThe Hanoitimes – Vietnam’s steel production was less affected by the pandemic thanks to support policies from importing countries, including EU members. Steel consumption recovered strongly in November after falling in October, as the demand for house and factory repairs after the stormy period, and the favorable weather for construction activities supported sales in all three […]
Read MoreA bleak economic winter is forecast for the New Year holiday as airlines are seeing declining bookings and the Tourism Authority of Thailand (TAT) estimates only 2.75 million domestic trips for the upcoming period. Nuntaporn Komonsittivate, head of commercial operations at Thai Lion Air (TLA), said tourism demand softened significantly because of a recent surge […]
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Thailand
