The Hanoitimes – Vietnam needs about US$480 billion for infrastructure investment by 2020, with additional projects in the pipeline including around eleven power plants with total capacity of 13,200 MW and about 1,380 km of highway. The Vietnamese government has recently launched the Vietnam Infrastructure Working Group in a move to better lure private investment, especially […]
Read More[SINGAPORE] Online shopping in Singapore is lacklustre even after Amazon Inc debuted its Prime service in mid-2017. The island’s malls are trying hard to keep it that way. With some of the nation’s biggest mall operators reporting falling rents and rising vacancies, landlords, just like those elsewhere in Asia and the US, are being forced to reposition. They’re making […]
Read MoreMANILA, Philippines — The national government spent P620.54 billion to settle its debt from both domestic and foreign lenders in the first nine months of the year, the Bureau of the Treasury (BTr) reported. According to the latest cash operations report of the BTr, the national government’s debt payments from January to September rose 6.46 […]
Read MoreThe executive chairman of the Indonesian Financial Technology Association(Aftech), Kuseryansyah, has estimated that five financial technology (fintech) sectors will experience significant growth in the country in the next five years. These sectors are online payment, peer-to-peer (P2P) lending, insurance technology (insurtech), crowdfunding and price aggregators, he added, arguing that they would experience fast growth because their services could be accessed by […]
Read MoreReporting tremendous growth in the number of cards issued in the country as well as in the number of transactions, UnionPay has recently revealed that Cambodia is the market in Southeast Asia where it is growing the fastest. According to the China-based company’s most recent report, the number of transactions performed by Cambodians using UnionPay […]
Read MoreThe Hanoitimes – The group aims to increase market share in Vietnam to more than 50% in the next five years. TCP Group, a Thai maker and distributor of food and beverages including energy drink Red Bull, has plans to invest over US$120 million in Vietnam in the next three years to boost its marketing capabilities, […]
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Thailand
