Sunday, February 10th, 2019

 

High-stakes US-China trade talks resume as deadline approaches

WASHINGTON, Feb 10 — With a March 1 deadline fast approaching, US and Chinese officials resume negotiations next week to prevent escalation of a trade dispute that has major implications for the global economy. China’s economy already has shown…


Venezuela shifts oil ventures’ accounts to Russia’s Gazprombank – document, say sources

CARACAS, Feb 10 — Venezuela’s state-run oil company PDVSA is telling customers of its oil joint ventures to deposit sales proceeds at an account it recently opened at Russia’s Gazprombank AO, according to sources and an internal document seen…


Of housing policies and home ownership

After months of anticipation, the Ministry of Housing and Local Government has finally unveiled the National Housing Policy (DRN) 2018-2025 towards the end of last month. The very first policy announced by the new Pakatan Harapan (PH) government, the DRN focuses on solving the housing crisis seen in the bottom 40 per cent income (B40) […]


Market failed to rally, pull back expected

Last week, the market was directionless in a short trading on Chinese New Year holidays. Trading volume was low. Furthermore, the local market lacked cues from a mixed global market performance. The benchmark FBM KLCI increased only 0.2 per cent in a week to 1,686.52 points. The average daily trading volume fell to 1.7 billion […]


Reviewing investors’ success in Southeast Asia as we enter the Lunar New Year

The Year of the Pig is finally here. As we look back, it was evident that e-commerce has reached new heights in China. Today, more than 40 per cent of all e-commerce transactions take place in China alone. However, China’s contribution to the growth of e-commerce extends beyond its own borders. Among them who saw […]


Philippines: Year in Review 2018

Weaker agricultural output and high inflation helped curb growth in the Philippine economy in 2018, though the rate of expansion still outpaced most other countries in the region. Following a strong first quarter, when growth stood at 6.8 per cent year-on-year (y-o-y) – 0.3 percentage points above the previous year – the economy began to […]