Local property developer Mottama Holdings yesterday held a topping out ceremony for its project, M Tower, which is the first high-rise steel-structured office building in Myanmar. More than 8000 tonnes of steel is being used to construct the 26-storey, 111-metre tall building, which will be fully complete by 2020, said U Yang Ho, chair of […]
Read MoreMANILA, Philippines — The growth in domestic money supply decelerated in September amid a slowdown in bank lending expansion, according to the Bangko Sentral ng Pilipinas. Preliminary data from the BSP showed money supply, also known as M3, grew by 9.7 percent to P11.16 trillion as of end- September from the P10.17 trillion recorded in the […]
Read MoreKUALA LUMPUR: Tun Dr Mahathir Mohamad has unveiled fresh plans for Malaysia to become one of the main destinations for the high-tech industry by 2025. The Prime Minister unveiled a four-pronged strategy for Malaysia to be on a stronger footing in the manufacturing sector through higher productivity, contribution, innovation and increasing the number of high-skilled workers at […]
Read MoreDespite opposing claims by leading sector figures, local authorities in Preah Sihanouk say tourist numbers in the coastal province continue to experience a healthy growth. During the first nine months of the year, the number of visitors – both local and foreign – to Preah Sihanouk grew by 6.65 percent, totalling 1.61 million people, said […]
Read MoreThe long-awaited draft bill on the land and buildings tax is expected to head to the National Legislative Assembly (NLA) for a second reading in mid-November, with the new property tax scheduled to take effect in January 2020. The bill was agreed upon by the NLA’s standing committee but was stuck for nearly two years after […]
Read MoreChinese factory activity slowed in October, official data showed on Wednesday, adding to a growing list of bad news for the Asian giant as it struggles to maintain economic momentum in the face of US tariffs and a weakening yuan. The Purchasing Managers’ Index (PMI), a key gauge of factory conditions, came in at 50.2 […]
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Thailand
