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 […]
Read MoreBank Indonesia (BI) has projected that the country’s current account deficit will reach 2.3 percent in 2018, higher compared to consensus estimates of 2.0 percent, as imports continue to rise against exports. “In the first quarter we booked a current account deficit of 2.1 percent; in one year it can be 2.3 percent or around […]
Read MoreAPART 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 – […]
Read MoreA 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 […]
Read MoreThe 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 […]
Read MoreA lack of economic reform, direction and strategy by Myanmar’s leaders is resulting in a draining of young talent from the country, said U Myint, economist and former chief adviser to the president, during the launch of the World Bank’s report, Myanmar Economic Monitor, on May 17. Among the key findings of this year’s report […]
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