KUALA LUMPUR: Populist policies introduced by the Malaysian government, along with an expanding economy and low levels of inflation and unemployment, have boosted consumer spending in 2018. Fitch Solutions Macro Research said high frequency indicators also point to the health of the Malaysian consumer, with consumer confidence and retail sales picking up since the beginning of […]
Read MoreThe Hanoitimes – FPT sets the target of turning into the world-class DT service provider, stated Truong Gia Binh, FPT`s chairman. Vietnam’s leading IT services provider FPT and Danish brewer Carlsberg have signed a global framework contract whereupon FPT has officially become Carlsberg’s technology partner, stated the former on its website. Under the agreement, FPT will […]
Read MoreSome within the Kingdom’s tourism industry have speculated that the recent influx of Chinese visitors may hinder domestic tourism as the price of accommodations in the coastal city of Sihanoukville continues to rise. Preah Sihanouk province, which has become a hotbed for Chinese investment in the country, has seen huge leaps of growth in the […]
Read MoreSIMON PROPERTY Group, a US-based operator of premium shopping outlets, has set sights on the Southeast Asia market for future expansion, Uchenna Akujuo, the group’s director for international development and finance, revealed. Akujuo said the company’s success in the development of premium outlets stemmed from its strong relationship with top global brands. He said that […]
Read MoreThe Energy and Mineral Resources Ministry has blamed accelerating economic activity for an increase in energy imports, the largest contributor to the country’s trade deficit in August. Statistics Indonesia announced on Monday that the country’s trade deficit had risen to US$1.02 billion in August, mostly as a result of oil and gas imports, which had […]
Read MoreRETAILERS will no longer need to bother about logistics and fleet operators or worry about empty runs in Myanmar thanks to an innovative technical solution launched earlier this year, according to Soe Pyae Aung, co-founder and chief operating officer of KoneSi Freight Co. “Logistics costs in Myanmar are among the highest in Southeast Asia, accounting […]
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Thailand
