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Thailand: Siemens still high on natural gas

While coal is highly controversial and it will take a while before batteries capable of storing energy from renewables come into play, natural gas remains readily available, reliable and burns relatively “clean”.  The fuel is expected to maintain or even increase its share in conventional gas-based power generation in the years to come as technologies […]

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Indonesia: Go-Jek sets sights on Vietnam

The management of Indonesian ride-hailing app Go-Jek has confirmed a report that the company is eying an expansion to Vietnam but declined to reveal any details. “We cannot talk about the details yet, but yes, we have a plan to explore [business opportunities] there. When we are ready, we will make an announcement,” said Nila […]

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Southeast Asia is getting ‘smart’ with urbanisation

APART FROM BEING a tourist hub, Phuket – in southern Thailand – is a classic example of the opportunities – and challenges – that come with the rapid urbanisation that is taking Southeast Asian economies by storm. Increased population and inbound tourism is pushing its infrastructure to the limit.  Cities all over Southeast Asia – […]

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Thailand: Economy tipped to grow up to 4.7%

A TOP government think tank has raised its forecast for economic growth to as much as much as 4.7 per cent for this year after the report card for the first quarter came within a whisker of that mark. The National Economic and Social Development Board (NESDB) said it now expects 2018 expansion in the […]

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Vietnam’s GDP projected at 7% in 2018

The Hanoitimes – The country’s growth domestic production (GDP) could reach 7.02 percent this year at the best scenario, according to the National Center for Socio-economic Information and Forecast (NCIF). Domestic economic growth will be further improved this year thanks to the world’s favorable conditions and the government’s effective measures in removing the economy’s difficulties and […]

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