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Thailand’s digital advertising poised for growth

Digital advertising in the country this year should reach 124 billion baht, marking growth of 4.8%, thanks to consumer sentiment rebounding, the upcoming general election, government stimulus and fast online media growth, says a marketing and media network.  The digital channel will have growth of 20% and is expected to nearly equal the value of TV […]

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Philippines: Economy seen to hit speed bumps in 2019

MANILA, Philippines — The Philippine economy may hit some speed bumps this year with the first quarter gross domestic product (GDP) growth falling below six percent for the first time in more than three years, according to Dutch financial giant ING Bank. ING Bank senior economist Nicholas Mapa said growth is expected to hit a speed bump in the […]

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World Bank: Malaysia’s economic fundamentals remain strong

KUALA LUMPUR: Malaysia’s economic fundamentals remain strong due to its diversified economy, despite the recent downgrade by Nomura Global Markets Research on the Malaysian equity market, says the World Bank. World Bank Group’s macroeconomics, trade and investment lead economist Richard Record said Malaysia’s diversified income stream such as electrical and electronic manufacturing, commodities, natural resources, […]

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Singapore channels private equity into Myanmar growth sectors

Ascent Capital Partners, a Singapore-registered fund manager, has launched a Myanmar-focused private equity fund focusing on companies in the consumer, education, financial services, healthcare and the technology, media and telecommunications sectors in the country. The anchor investors in the Ascent Myanmar Growth Fund I (AMGF) are U Aung Moe Kyaw, founder of Myanmar Distillery Co […]

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