Supervisory committees will be set up to supervise the construction of the high-speed rail network linking three key airports and other infrastructure projects in the government’s flagship Eastern Economic Corridor (EEC) to ensure that development meets international standards. On Tuesday, the EEC Office’s proposal to form the committees won cabinet endorsement. The supervisory committees will […]
Read MorePETALING JAYA: Property developers have overpriced their units to help buyers obtain extra cash, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) said. Buyers secure a loan based on the inflated price in the sale and purchase agreement with extra cash at hand in what is termed as a “cash-back” […]
Read MoreThe Hanoitimes – The US tech giant is believed to ask its major suppliers to evaluate the cost implications of shifting 15% to 30% of their production capacity from China to Southeast Asia as it prepares for a fundamental restructuring of its supply chain. Vietnam is among Apple’s favorites for smartphone diversification from China, according to […]
Read MoreMANILA, Philippines — The local currency is expected to come under pressure as the country’s external position worsens, ending 2019 at 55 to a dollar, London-based Capital Economics said. In a report, the macroeconomy research firm said the Philippines’ current account deficit is expected to widen further after bloating in the first quarter of the […]
Read MoreOUT of the 11 super penthouses around the world now on the market, six are in Singapore, based on listings from 2016 to April 2019, List Sotheby’s International Realty (List SIR) said on Wednesday. The biggest of these “super penthouses” in Singapore is in Wallich Residence, with a floor area of 21,108 square feet (sq […]
Read MoreForeign enterprises that export goods to the Lao market will no longer need a domestic business licence as the Commerce Ministry has resolved this contentious issue. The Minister of Industry and Commerce, Mrs Khemmani Pholsena, signed a ministerial decision on June 6 authorising international firms to export their goods to the Lao market without obtaining […]
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Thailand
