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Samsung faces tougher Southeast Asia challenge from China

Samsung Electronics has retained its leading position in Southeast Asia’s major smartphone markets, but faces fiercer competition from Chinese rivals with cheaper pricing, according to an industry report Thursday. In the April-June period, Samsung held an 18 % market share in…

Philippines property market a gem hidden to most investors

Luxury Residential Market Booming At a time when global house prices are rebounding, Manila’s luxury market is experiencing a surge. According to a Knight Frank index of prime residential prices in 100 cities worldwide, the Philippine capital recorded the fastest…

Despite high prices, Thailand leads Asia in demand for gold

Demand for gold in Thailand is on the rise, defying global trends of record-high prices, according to the World Gold Council’s latest report, released on Tuesday. The report noted that Thailand’s gold market showed particular resilience in the second quarter,…

Despite high prices, Thailand leads Asia in demand for gold

Demand for gold in Thailand is on the rise, defying global trends of record-high prices, according to the World Gold Council’s latest report, released on Tuesday. The report noted that Thailand’s gold market showed particular resilience in the second quarter,…

Philippines property market a gem hidden to most investors

Luxury Residential Market Booming At a time when global house prices are rebounding, Manila’s luxury market is experiencing a surge. According to a Knight Frank index of prime residential prices in 100 cities worldwide, the Philippine capital recorded the fastest…

Hanoi villas see price increases

The Hanoi real estate market in the first half of this year saw increases in villa and townhouse prices, although the market was still slow, according to a Savills report. In Hanoi, new villas in high-end market projects showed prices…

China Tests Train That Could Be Fastest in World

China has successfully tested its new ultra-high-speed (UHS) maglev train, which can reach speeds up to 621 mph, making it the fastest train in the world. The demonstration, carried out in Shanxi Province, marks a significant milestone in China’s efforts…

Futures show more downside to freight rates in 2025

Port of ShanghaiShanghai container futures trades suggest that Asia-Europe freight rates could fall further in 2025, after appearing to have peaked now. On 5 August, the index points of the EC2408 (August contract) closed at 5,627, while the EC2410 (October…