The Indonesian Shopping Centers Tenants Association (Hippindo) has blamed the postelection protests on May 21 and 22 for sluggish sales during Ramadan, which is usually a peak time for fashion retailers. Hippindo chairman Budihardjo Iduansjah said sales growth was still positive although it was not as high as expected because of political instability. “The May […]
Read MoreTHE Singapore FinTech Association (SFA) has launched a regtech sub-committee to promote the invention and adoption of technologies to overcome regulatory challenges in Singapore. Regtech – a subset of fintech – stands for regulatory technology, and is used to augment functions in the financial industry such as regulatory monitoring, reporting and compliance. The sub-committee will […]
Read MoreMANILA, Philippines — Mobile internet speeds in the Philippines continue to lag behind most countries in the world, ranking 11th slowest in upload speed and 16th slowest in download speed among 87 countries, according to the latest report of mobile analytics company OpenSignal. OpenSignal’s “The State of Mobile Network Experience” report showed that the Philippines […]
Read MoreThe Hanoitimes – The country plans to need about US$480 billion for infrastructure investment by 2020, with additional projects in the pipeline including about 1,380 km of highway and around eleven power plants. Transport projects in Vietnam will be more attractive to foreign investors if new supporting policies are applied as seen in the North-South expressway […]
Read MoreKUALA LUMPUR: Malaysia’s inclusion in the US Treasury’s watchlist of potential currency manipulator shows the country’s competitiveness and economic strength, Finance Minister Lim Guan Eng said. He said on Thursday the US Treasury did not name Malaysia as a currency manipulator under the expanded monitoring list issued the previous day. “Malaysia is an open economy […]
Read MoreHOUSING loans in Singapore shrank for a third month in April, leading a continued contraction in consumer loans, preliminary data from the Monetary Authority of Singapore (MAS) showed on Friday. Mortgages and bridging loans booked in April on a net basis came in at S$202.76 billion, falling from S$203.38 billion in March. With housing loans making […]
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Thailand
