RIDE-hailing and e-commerce have galvanised South-East Asia’s Internet economy, which will reach US$50bil this year and potentially exceed US$200bil by 2025. A report by Google and Temasek also found that all four sectors of this economy have experienced “solid growth” this year. The stars were e-commerce and ride-hailing, with a compound annual growth rate of […]
Read MoreThe Hanoitimes – Aided by favorable external and domestic conditions, GDP growth is projected to accelerate to 6.7 percent in 2017 (compared to 6.3 percent forecast in July). Over the medium term, growth is projected to stabilize around 6.5 percent, as the impact of the current cyclical uptick dissipates. On the production side, growth is expected […]
Read MoreThe Hanoitimes – Online fast moving consumer goods (FMCG) sales now reach 0.5 percent share in Vietnam, recorded a significant uplift of 69 percent against last year, according to a report of Kantar Worldpanel. Under the “Future of E-commerce in FMCG” report published recently, Kantar Worldpanel, the global expert in shoppers’ behavior, said that Vietnam’s e-commerce, […]
Read MoreTEMPO.CO, Jakarta – Economic improvement in Indonesia is predicted to continue in 2018, Financial Service Authority (OJK) head of Region I Jakarta-Banten Bambang Widjanarko stated. The economic improvement is supported by the growth of investments, especially through infrastructure development, he said on a seminar entitled “The Role of OJK in Indonesia Economy “, in Tangerang, Banten, on Saturday (17/12).”Foreign investors also indicate a high level of trust in […]
Read MoreTEMPO.CO, Jakarta – The Indonesia Stock Exchange (IDX) revealed that stock ownership of foreign investors throughout this year keeps increasing to Rp 1.878 trillion compared to the end of 2016 with Rp 1.691 trillion. “Statistically, foreign investors are recorded to reach gross sales throughout this year as much as Rp 40.37 trillion. However, at the same time, the ownership value increases. It means, only profit that is released,” BEI chairman Tito Sulistio explained in Denpasar on Saturday […]
Read MoreThe Central Statistics Agency (BPS) plans to start gathering e-commerce data in January in order to gain a fuller understanding of the growth of the digital economy and to issue appropriate policies for the sector. BPS chief Kecuk Suhariyanto said the agency would distribute questionnaires to e-commerce platforms to collect the data. “We will start […]
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Thailand
