SINGAPORE: Sales of luxury homes in Singapore fell by 50 per cent year-on-year in the first quarter ending March.These are mostly apartments that are worth at least S$5 million (US$3.7 million). In the first three months of this year, 66…
The Thai-Chinese high-speed railway from Bangkok to Nong Khai is on track to open for public use in 2030, Transport Minister and Deputy PM Suriya Juangroongruangkit said after progress talks with Chinese authorities on Wednesday. Officials had previously indicated the…
Phnom Penh, May 9, 2023: Hattha Bank, a subsidiary of Krungsri (Bank of Ayudhya PCL), the fifth-largest commercial bank in Thailand and a member of the MUFG Global Financial Group, has maintained its credit rating at BBB+/stable for six consecutive…
Thailand and Vietnam are racing for second place as the world’s top rice exporter this year, as India, although still in first place, could see a significant drop in rice exports year on year due to internal policies, the Thai…
A new wave of property stimulus measures is brewing that should fuel a recovery in market sentiment across mainland China as the country’s top decision-makers pledged to tackle housing inventories, according to analysts. However, some observers worried the much-needed support…
Cambodia attracted fixed-asset investment of 309 million U.S. dollars in April, the Council for the Development of Cambodia (CDC) said in a news release on Tuesday.Authorities approved 22 investment projects in April, which could create approximately 23,000 jobs, the CDC…
Despite strong sales last year, Pattaya developers need to exercise caution before launching new condos to avoid an oversupply, as new launches in the market are projected to grow 50% to 5,000 units in 2024, according to property consultant Colliers…
By: Kong Leang Hour International: Analysts and experts say the conflict situation in the Middle East is affecting ASEAN economies as a result of rising inflationary pressures and uncertainties. According to the International Energy Agency (IEA), tensions pushed crude oil…
The proportion of “jeonse,” Korea’s distinctive housing lease system, reached a record low during the first quarter in Seoul’s housing market, while the ratio of monthly rent transactions is increasing. Behind this shifting rent market landscape are a series of…
MANILA – Several countries are investing in the Luzon Economic Corridor project, which can elevate the global status of the Philippines, according to President Ferdinand R. Marcos Jr. In an interview with Chang Dae-hwan, chair of South Korea’s Maekyung Media…