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Asean the ‘next frontier’ for e-commerce boom

E-commerce in Southeast Asia is ripe for fast-paced growth scenario given the region’s huge population and growing middle class, but countries need to address existing challenges to help the business reach its full potential, says a Google executive. Southeast Asia is a “hotbed” for mobile internet with about 130 million people now using smartphones out […]

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Thailand: First-quarter growth fastest in four years

The economy expanded at its fastest quarterly pace in four years in the first quarter, boosted by recovering exports, but monetary policy will likely remain loose to cushion still-subdued investment activity. The government raised its export outlook for 2017, suggesting the recovery was gaining traction but the economy still faces rising global trade protectionism and […]

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Singapore Airlines Subsidiary Scoot Talks about Indonesian Market

TEMPO.CO, Seattle – Lee Lik Hsin, CEO of Singapore Airlines subsidiary Scoot operating in Jakarta, Surabaya, and Denpasar, revealed that he had been in communications with Indonesian authorities. Lee added that Indonesian officials had visited Scoot to discuss flights. However, Lee did not reveal whether his company is planning to serve new flight routes outside the […]

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Malaysia: Visionary push for another corridor

MALAYSIA is increasingly sounding like a country of economic corridors. And going by size, the latest inclusion in the corridor list is no small deal. Called the Malaysia Vision Valley (MVV), it will span 379,000 acres, or twice the size of Singapore, and is focused on a variety of industries, including healthcare, education and tourism. […]

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Brunei economy to recover in 2017 on back of reforms

DESPITE recording a contraction of 2.5 per cent last year, Brunei Darussalam’s economy is projected to recover gradually in 2017 on back of progress in the maintenance and refurbishment works at oil and gas production facilities and establishment of a slew of large foreign direct investment (FDI) projects. Brunei’s growth prospects in the next few […]

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Vietnam’s Increasing Demand for Environmental Services

In order to achieve modernisation, Vietnam is determined to attract more investment for higher value-added or high-tech industries. Vietnam’s current economic prosperity has been driven by the country’s expanding industrial activities. But these have also sparked concern about the resulting pollution and its impact on the environment. The Vietnamese government has begun to screen out […]

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