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Thailand – Colliers: Price cuts helped condo supply move along

Prices set at a 20% discount to those offered for existing nearby units and good locations were two factors helping new condo supply sell out during third-quarter launch periods, say property consultants. Phattarachai Taweewong, associate director of research and communications at Colliers International Thailand, said condo demand and supply recovered in the third quarter after […]

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Philippines: Car, motorcycle industries continue to languish

MANILA, Philippines — Local production and sales of motor vehicles and motorcycles  were down from January to August compared to last year’s performance as demand  continued to languish due to the  pandemic. According to the Association of Southeast Nations (ASEAN) Automotive Federation (AAF), motor vehicles assembled in the Philippines from January to August reached 39,171 […]

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Brunei records 10.7pc rise in car sales

The first seven months of 2020 witnessed an increase of 10.7 per cent in the number of cars sold in Brunei Darussalam, compared to the same period last year. Some 7,612 units were sold from January to July, compared to 6,877 units, statistics from the Asean Automobile Federation revealed. June recorded the highest jump in […]

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Thailand: TAT confirms special tourist visa scheme

The Tourism Authority of Thailand has confirmed that the initiative to welcome foreign tourists back to Thailand under the Special Tourist Visa (STV) scheme will proceed. TAT governor Yutthasak Supasorn said that despite the delay, the first group of tourists from China will arrive in Phuket under the STV scheme within this month. Previously, Phuket […]

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Liquid Group and Wing Partner Up for Cross-Border Payment in Cambodia

Customers of Liquid Group and its partners can make QR payments at more than 40,000 merchants in Cambodia Liquid Group, a regional mobile payment services group headquartered in Singapore, will partner with Wing (Cambodia) Limited Specialised Bank, Cambodia’s leading mobile banking services provider, to enable cross-border QR payments for inbound transactions into Cambodia. Mr. Manu […]

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