SINGAPORE, July 25 — The recent bank hikes on mortgage rates are unlikely to dampen demand for both public and private properties unless the rates edge past 3 per cent, several property analysts said. For now, this meant that property prices will continue to soar. They were commenting on the second quarter residential property transactions […]
Read MoreINDONESIA has launched a crackdown on peer-to-peer (P2P) lenders through a new regulation and capital requirements, in a move that industry sources say should help clean up a booming online lending sector beset by consumer complaints. The rules, announced this month by Indonesia’s financial services authorities (OJK), set a minimum capital requirement for lenders at […]
Read MoreDomestic car sales increased 4.58% in June from a year earlier to 67,952 units, helped by an easing of Covid-19 curbs and increased tourism, the Federation of Thai Industries said on Monday. However, the pace was slower than May’s 15.71% year-on-year rise, the FTI said. Source: https://www.bangkokpost.com/business/2353562/domestic-car-sales-up-in-june
Read MorePETALING JAYA: While the government’s current debt level is manageable, there is rising pressure for the debt load to surge in the wake of the looming recessionary risks in the United States and developed economies. Exacerbated by the stronger global inflation, economists concurred that embarking on the right strategies are necessary to keep the debt […]
Read MoreAs the war in Ukraine pushes up wheat prices and a weaker peso raises the cost of imported edible oil, many Philippine bakers are shrinking the size of a popular breakfast roll to cope with higher inflation. The slightly sweet and pillowy soft “pandesal”, which Filipinos often dunk in coffee or stuff with cheese, used […]
Read MoreVietnam has surpassed the Republic of Korea to become the world’s sixth largest fibre and yarn exporter after shipping abroad 2.37 billion USD worth of these items in the first five months of 2022. The revenue increased 10% from a year earlier, according to the Vietnam Cotton and Spinning Association (VCOSA). Meanwhile, textiles and garments, fibre, […]
Read More
Thailand
