LHN Group, a Singapore-based real estate management group, has purchased 108 freehold apartments for $12.5 million from Spring CJW Development Pte. Ltd., a local developer. The apartments are part of Axis Residences, a condominium building whose completion is slated for December in Phnom Penh’s Sen Sok district. “The board is pleased to announce that it […]
Read MoreWill the impact of Alibaba investment lean toward a win-win or a zero sum game? The government has assured the public that Jack Ma, owner ecommerce giant Alibaba, will bring large benefits to the country after pledging to invest Bt11 billion in the Eastern Economic Corridor. Ma has signed several memoranda of understanding (MoU) with […]
Read MoreTanintharyi eyes investments in core sectors, including hospitality Myanmar’s underdeveloped Tanintharyi region bordering Kanchanaburi province plans to attract European investment mainly from French companies in the months to come, according to Phyo Win Tun, planning and finance minister of the Tanintharyi region government. “At the regional government, we frequently receive business delegations from Europe, including […]
Read MoreKUALA LUMPUR: Foreign inflows into stocks listed on Bursa took a breather last week but marked its fourth week of inflows, the longest streak since the week ended Dec 29, 2017 to Feb 2, according to MIDF Research. “Based on preliminary data from Bursa which excluded off market deals, the net amount acquired by foreign […]
Read MoreMANILA, Philippines — The challenge of making economies more inclusive in today’s world of ever-changing and disruptive digital technologies has called for a serious rethinking of development banking strategies, the Department of Finance (DOF) said. Finance Secretary Carlos Dominguez said financial technology (fintech) is one “dynamic area” that development banking policymakers should look into as […]
Read MoreSINGAPORE – Bank lending in Singapore expanded by 5.4 per cent in March from a year ago, faster than the 3.7 per pace of growth in February, on the solid growth in loans to financial institutions and home buyers. Loans through the domestic banking unit – which tracks lending in all currencies, but mainly reflects Singapore-dollar […]
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Thailand
