phil01
Read More

Philippine economy grows 6.2% in Q3 2019

MANILA, Philippines (11:40 a.m.) — The Philippine economy recorded a 6.2% growth in the third quarter of 2019, the government announced Thursday. The country’s gross domestic product is higher than the 5.5% growth in the second quarter this year, the Philippine Statistics Authority said. According to the PSA, net primary income from the rest of the world grew by […]

Read More
mm01
Read More

Myanmar: Seeking growth with a strategic partnership

This year saw Myanmar’s Ministry of Planning and Finance opening of the local insurance market to foreign. Currently, there are five fully foreign-owned life insurers, three local-foreign joint venture general insurers and three local-foreign joint ventures life insurers, in addition to local insurance companies.  One of the joint ventures is the partnership between Aya Myanmar […]

Read More
th02
Read More

Thailand: Confidence dips in October

Despite a spate of government stimulus measures, consumer confidence continued to ebb in October as the public fretted about the tepid economy, political instability, shrinking exports, low farm prices and global uncertainty stemming from trade wars and the Brexit impasse, as well as the US suspension of tariff preferences on 573 Thai goods. According to […]

Read More
THAILAND-HEALTH-TOBACCO-045942_0
Read More

E-commerce may boost Thailand SMEs’ income and reach

A SMALL Thai retailer who expands into online sales can boost takings by an average of 51 per cent a year, according to a new report released by an e-commerce platform provider. The shift into “e-tail” has also grown retailers’ customer bases beyond their home markets, especially for lower-income regional sellers based outside the capital […]

Read More
indo01
Read More

Netflix contributed to Indonesia’s slow economic growth, BPS says. Here’s how

Online streaming services such as US-based Netflix and Malaysia-based Iflix are contributing to the country’s sluggish economic growth as investment in intellectual property comes under pressure, Statistics Indonesia (BPS) has warned. BPS balance and statistics analysis deputy head Sri Soelistyowati said that weakening investment growth of 4.21 percent in the third quarter, the lowest level […]

Read More