With more and more Indonesians entering the middle class and affluent consumer (MAC) demographic, President Joko “Jokowi” Widodo is urging young entrepreneurs to drive the efforts to turn Indonesia into a global production hub, instead of stopping at mere consumption. Speaking at the National Meeting of the Association of Young Indonesian Businesspeople (Hipmi), the President spoke […]
Read MoreThe Hanoitimes – The State Bank of Vietnam, the country’s central bank, would continue to closely monitoring the macro-economic conditions and managing the monetary policy in a flexible manner, aiming to support economic growth. The State Bank of Vietnam (SBV)’s decision to lower the benchmark interest rates by 0.25 percentage points would help credit institutions […]
Read MoreCo-working spaces in Bangkok will rise by 50% over the next two years as many overseas firms move to Thailand because the US-China trade war is escalating, says property consultant Colliers International Thailand. Phattarachai Taweewong, Colliers’ associate director of research, said exponential growth in co-working space supply in Bangkok will be spurred by international operators. […]
Read MoreSINGAPORE’S non-oil domestic exports (NODX) fell 8.9 per cent year on year in August, breaking a five-month streak of double-digit declines, according to Enterprise Singapore figures on Tuesday. The August decline eased from July’s 11.4 per cent fall, in the second consecutive pick-up since June’s six-year low. On a month-on-month seasonally adjusted basis, NODX rose […]
Read MoreThe number of locals entering the private sector workforce in 2017 saw a rise of 2.2 per cent to 54,489 individuals compared to 53,336 in 2016. However, the overall total employment in the private sector decreased by 0.6 per cent from 115,985 (2016) to 115,329 (2017). According to the Report of Summary Findings of the […]
Read MorePETALING JAYA: Malaysians continue to be the second-largest group of buyers of Singapore’s non-landed residential properties by nationality year-to-date, after the Chinese. Quoting Singapore’s Urban Redevelopment Authority (URA), Singapore-based property consultancies Cushman & Wakefield and Savills said Malaysians were the second-largest group after the Chinese for the first half of 2019. Cushman’s research head Christine […]
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