Although the 3rd wave of COVID-19 with new variants started in January 2022, it had been far less severe than the prior waves. Following the preventive measures of the government including microlevel restrictions, the contact-intensive services are temporarily impacted, industrial activity remains robust, supported by government spending and healthy global demand.

01 EXECUTIVESUMMARY

02 SECTOR IN FOCUS

03 COMPETITIVE LANDSCAPE

04 COMPANIES IN FOCUS

05 REGULATORY ENVIRONMENT

06 RESIDENTIAL REAL ESTATE

07 OFFICE REAL ESTATE

08 HOSPITALITY REAL ESTATE