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Thailand: Ad spending set to grow 3.5% in 2018

Ad spending this year is estimated to grow 3.5% to 89.5 billion baht, with out-of-home (OOH) and online recording the highest ad growth of 23% and 21% respectively, says ad service provider Media Intelligence (MI).  The girl group BNK 48, Love Destiny, Wife 2018, the World Cup and Asean Games have propelled the advertising business.  MI […]

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Fifth rate hike by Philippines

MANILA: The Philippine central bank raised its benchmark interest rate for a fifth straight meeting to curb inflation, joining Indonesia in tightening monetary policy yesterday. Bangko Sentral ng Pilipinas increased the overnight reverse repurchase rate by 25 basis points to 4.75%, the highest since 2009, it said in a statement in Manila. Rates have been […]

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Singapore, US collaborate further on infrastructure, digital economy and cybersecurity

SINGAPORE and the US strengthened their collaboration on infrastructure, the digital economy and cybersecurity this week, renewing the US-Singapore Collaboration Platform Memorandum of Understanding (MOU) and signing a Declaration of Intent (DOI) to collaborate on a Singapore-US Cybersecurity Technical Assistance Programme for Asean member states. On Tuesday, Ministry of Trade and Industry (MTI) permanent secretary Loh […]

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Indonesia offers infrastructure projects to French investors

Head of the National Development Planning Board (Bappenas) Bambang Brodjonegoro said on Thursday the government had offered a number of infrastructure projects to the French government and investors through government-to-business (G2B) schemes. He expressed the hope that French businesspeople would be interested in investing, particularly in the transportation sector because that country had long experience in developing transportation infrastructure in large cities like Paris. […]

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