Since the epidemic, many real estate companies have turned to technology to promote their sales, and investments are pouring into these proptech startups to capitalize on the potential. A real estate company, Jones Lang LaSalle (JLL), evaluated that Vietnam has been...
Department of Statistics Malaysia (DOSM) announced that Malaysia’s total trade increased by 27.3% year-on-year (y-o-y) in March 2022, with a strong record of MYR 236.6 billion (USD 53.89 billion). The export and import values in the same month reached all-time...
Several US companies have expressed interest to invest further in the Philippines, taking advantage of the incentives brought forth by recently enacted laws that liberalized foreign investments. Philippines’ economic, trade and industry officials held talks with...
Etihad Credit Insurance (ECI), the UAE Federal export credit company, and its Indonesian counterpart PT Reasuransi Indonesia Utama (Persero) or Indonesia Re have signed a reciprocal reinsurance agreement to bolster their bilateral trade and expand their collaborative...
Unemployment rates for 2022 February in Singapore were around the quarterly average unemployment rates in 2018/2019. According to the 2021 Labour Market Report, the overall unemployment rate in February was 2.1%, down from 2.3% in January, while the resident...
Thailand is preparing investment incentives for four new economic corridors, namely the Southern Economic Corridor, the Northeastern Economic Corridor (NEEC), the Northern Economic Corridor (NEC) and the Central-Western Economic Corridor (CWEC).The strategy resembles...
Thailand’s exports grew by over 16% in the month of February 2022, driven by higher international demand on the back of global economic recovery. This higher-than-expected increase in exports has resulted in a trade surplus of USD 123 million, according to the...
The Philippines expects more investments to come in soon after the government has enacted several important laws that will amend restrictions and free up more investment incentives for foreign investors. The laws that were enacted at the beginning of 2022 include...
Malaysian Investment Development Authority (MIDA) has announced that the country’s manufacturing, services and primary sectors attracted a record amount of approved investments worth MYR 306.5 billion (USD 72 billion) in 2021, owing to the higher foreign direct...
Vietnamese government officials recently held a meeting with a delegation from the US-ASEAN Business Council (USABC) and representatives from 28 leading US corporations in Hanoi. The parties announced their intention to expand economic, trade, and investment linkages...
The Singapore government has unveiled a new plan to strengthen local businesses in various sectors, with an aim to significantly grow the export value from SGD 805 billion (USD 590 billion) to at least SGD 1 trillion (USD 732 billion), and double the offshore trade...
Switzerland, the 10th largest foreign investor in Indonesia in 2021, with an investment value of USD 599.8 million via 281 projects, has signed a three-year memorandum of understanding (MOU) with Indonesia in order to improve the investment environment. The MOU was...
