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Digital technology and Indonesia’s consumer megatrends

Fast-growing digital technology and connectivity are reshaping consumer behavior. According to the latest report by London-based strategic market research company Euromonitor International, which breaks down consumer trends and spending in Indonesia, digital technology, connectivity and social media play an important role in how consumers make decisions. Euromonitor groups the products and services into five categories […]

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Singapore: Completed condo prices rise 0.5% in August

PRICES of completed non-landed private homes in Singapore reversed course to climb in August, rising 0.5 per cent month-on-month, after dipping in July.  This is according to the National University of Singapore’s (NUS) flash estimates for its Singapore Residential Price Index (SRPI) released on Friday. In July, prices declined 0.3 per cent, less than the 0.5 […]

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Thailand: No water tax plan for small farmers: NLA

The chairman of the National Legislative Assembly’s (NLA) committee vetting a new national water resources bill Thursday assured that the bill, which will be given a second reading in the House today, does not contain a section that will tax farmers for irrigating their fields.  Gen Akanit Muensawad said he is certain that the bill will […]

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Philippines: Grab expands e-payment service

MANILA, Philippines — As part of its transition from a ride-hailing service to an “everyday” application, Grab Philippines said yesterday it is planning to expand digital payment services through GrabPay mobile wallet feature. Ooi Huey Tyng, managing director of Grabpay Malaysia, Singapore and the Philippines, made the announcement after Grab Philippines acquired its e-money license from the Bangko […]

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Lao PDR Set For Moderate Growth In 2018-2019; ADB

(KPL) The Lao People’s Democratic Republic’s economic growth is expected to moderate in 2018, as agriculture and mining outputs are forecast to underperform, although an expansion in electricity generation, construction and service will partially offset these adverse effects, has said Asian Development Bank’s report. “In an update of its flagship annual economic publication, Asian Development […]

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