NAIROBI, May 18 (Xinhua) -- East African real estate executives on Wednesday said that they remain hopeful that the sector will recover from the COVID-19 shocks. Speaking at a forum in Nairobi, Kenya's capital, Tilda Mwai, research lead of pan-African real estate research firm, Estate Intel, said that the regional economic recovery has prompted a lot of interest in the sector … [Read more...] about East African real estate executives hopeful of recovery amid COVID-19 shocks
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MANILA, Philippines — An additional 195 new infections of COVID-19 were added to the country’s total caseload on Thursday, with active cases down further to 2,139, as shown in the Department of Health (DOH) COVID-19 tracker. These new infections are much higher compared to the number of cases recorded on Wednesday, May 18, which was 103. It is also higher than the average … [Read more...] about PH logs 195 new COVID-19 infections — DOH
During US-ASEAN Special Summit, the US pledged US$150 million to tackle several key topics ranging from maritime security to pandemic preparedness to clean energy. Despite hitting the right notes, the summit lacked the concrete trade and investment commitments that ASEAN members were seeking. Access to the prized US market for ASEAN will be vital if Washington wants to balance … [Read more...] about Why Does the US-ASEAN Special Summit Lack Substantial Value?
MANILA, May 19, 2022 (AFP): The Philippine central bank raised interest rates Thursday for the first time in more than three years, in a bid to curb inflation as rising fuel prices and food shortages push up living costs. Robust economic growth and jobs in the first quarter gave the monetary authority room to continue "rolling back its pandemic-induced interventions", said … [Read more...] about Philippine central bank raises interest rates to curb inflation
SHAH ALAM: The Selangor State Development Corporation (PKNS) expects to be able to record profits of up to RM300 million this year. Selangor Menteri Besar Datuk Seri Amirudin Shari said the positive projection would be premised on the restructuring of investment and corporate elements as well as the contribution from good developments registered by the construction sector. … [Read more...] about PKNS expects to record profit of up to RM300mil this year