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Indonesia: Office Demand Increases as E-commerce Businesses Grows Rapidly

TEMPO.CO, Jakarta – A research conducted by property consultant Savills Indonesia shows that e-commerce and tech companies are now occupying commercial office buildings. The tech companies include fintech companies and software development companies. Savills Indonesia research and consulting department head Anton Sitorus said that most of the companies earlier used houses, house-shops (known as ruko) or small warehouses as […]

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Vietnam: August retail sales in huge surge

HANOI — Vietnam’s total revenue from retail sales and services reached VND2.58 quadrillion (US$114.7 billion) in the first eight months of this year, a year on year increase of 10.3 per cent, reported the General Statistics Office (GSO). The figure amounted to an 8.9 per cent increase, excluding the price factor, the highest rise recorded since […]

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