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Malaysian budget to address high cost of living issue

PETALING JAYA: The upcoming Budget 2020 will emphasise on new growth measures to address the high cost of living issue and improve the purchasing power of Malaysians, particularly the Bottom 40 (B40) segment, according to TA Securities. As such, the government is expected to be flexible in its fiscal approach and emphasise domestic activities. “Budget […]

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Indonesia: Jokowi urges young entrepreneurs to look beyond consumption and toward production

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 […]

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Thailand: Co-working spaces projected to rise 50%

Co-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. […]

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