MANILA, Philippines — Dutch financial giant ING Bank now expects the Bangko Sentral ng Pilipinas (BSP) to keep interest rates unchanged this year as inflation is seen easing within the two to four percent target in 2019. Prakash Sakpal, economist for Asia at ING, said the Philippine central bank is seen defying tightening anew during […]
Read MoreInvestments into mega trends can put Malaysia on a stronger footing THE Malaysian startup ecosystem has been taking shape in recent years. Government agencies have been set up to build and support the ecosystem, funds have been allocated to help startups get off the ground and entrepreneurs are increasingly more bold to start their own […]
Read MoreIndonesian banks will see “more than 12%” loan growth in 2018 thanks to a recovering global economy and a pick-up in commodity prices, the country’s financial regulator said. Wimboh Santoso, head of Indonesia’s Financial Services Authority (OJK), said he was confident the sluggish bank lending that has hobbled South-East Asia’s biggest economy was coming to […]
Read MoreSINGAPORE: With sales stagnating and high rent and manpower costs eating away at his profits, Azan Tengku, the director of Singaporean gift company Kalms, decided to close down his stores and move all his products into vending machines. Kalms, which has rolled out 50 machines island-wide that sell mostly teddy bears and jewellery, is one […]
Read MoreThe shift of linear TV to internet streaming and video on demand is revolutionising the entertainment industry and pitting tech giants against entertainment firms. Statista predicts the global entertainment and media market to be worth US$2.2 trillion (68.6 trillion baht) in 2021. According to projections, internet video will see the highest compound annual growth rate globally […]
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