SINGAPORE: Singapore’s central bank said it’s not yet time to ease property curbs and the adjustments made by the government in March don’t signal an unwinding of the measures. While the property market has stabilised, “it is, however, not time yet to ease the cooling measures. They remain necessary,” Ravi Menon, managing director of the […]
Read MoreKUALA LUMPUR: Malaysian palm oil futures charted their first rise in three sessions on Thursday, tracking gains in the performance of rival edible oils on the Chicago Board of Trade (CBOT) and China’s Dalian Commodity Exchange. The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange was up 1.2 percent at 2,469 ringgit ($575.26) a tonne […]
Read MoreMANILA, Philippines – Investment pledges approved by the Philippine Economic Zone Authority (PEZA) nearly doubled in the first five months this year, fueled by the agency’s aggressive program to attract foreign investors, its director general Charito Plaza said. Plaza said PEZA approved P107.75 billion worth of investments from January to May, almost twice the P54.38 […]
Read MorePrime Minister Prayut Chan-o-cha has instructed the Labour Ministry to come up with urgent measures to soften the impact of the executive decree on foreign workers as the stringent new labour law has raised concern about manpower shortages in some businesses. Varanon Peetiwan, director-general of the Department of Employment at the Labour Ministry, said Thursday the prime […]
Read MoreThailand’s economy could manage up to 3.8% growth this year if exports continue growing, says the government’s planning unit. The economy is expected to take off strongly in the second half of the year, driven by growing exports, higher private investment, improving farm prices and accelerated infrastructure development, said Porametee Vimolsiri, secretary-general of the National Economic […]
Read MoreMyanmar is not the only country in ASEAN which attracts foreign direct investments (FDIs), Simon Tay, chair of Singapore Institute of International Affairs (SIIA), said during the sideline interview of the 2nd ASEAN-Myanmar Forum held in the commercial capital yesterday. He added that the critical thing is to see some real progress in the next six to […]
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