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Indonesia: Developers continue to build retail spaces despite rising vacancy rates

Developers are continuing to build more retail spaces in Jakarta, although the vacancy rate is increasing on the back of poor sales performance. The property consultancy Savills Indonesia. estimated that 321,086 square meters of new retail spaces would be developed in Jakarta in 2019-2021, of which 54 percent would target the upper class market segment and 46 percent would […]

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Thailand: March inflation 1.24% yoy

The consumer price index was measured at 102.37 in March, up 0.41% month-on-month and 1.24% year-on-year, on rising prices of fresh foods and fuel, the Commerce Ministry announced. Pimchanok Vornkorporn, director-general of the ministry’s Trade Policy and Strategy Office, said on Monday the CPI index rose for the third consecutive month this year. Fresh food […]

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Philippines: Factory output in March softest in 7 months

MANILA, Philippines — The manufacturing sector further decelerated in March as it registered its softest output in seven months, the latest results of the Nikkei Philippines Manufacturing Purchasing Managers’ Index (PMI) showed. The Nikkei PMI for the Philippines fell to 51.5 in March from 51.9 in February, signaling a modest improvement to operating conditions. A PMI above 50 represents […]

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Thailand: CPI up for 3 straight months

Consumer prices rose for the third straight month in March, driven by fresh food and vegetables as well as higher oil prices.  The consumer price index (CPI), which gauges headline inflation, surged by 1.24% from the same month last year, accelerating from 0.73% year-on-year in February, and 0.27% in January.  Higher prices were boosted by […]

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Singapore organisations see rise in cyberattack volume, complexity: Carbon Black poll

LOCAL organisations are reporting a greater number of cyberattacks coupled with increasingly sophisticated tactics, according to the Singapore Threat Report released by cybersecurity firm Carbon Black on Tuesday. Some 96 per cent of the 250 local organisations surveyed have suffered a cybersecurity breach in the last 12 months. Each organisation reported an average of 3.98 breaches. […]

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