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Laos: Restructure the economy, expert advises

To ensure steady economic growth, Laos would be well advised to restructure the economy with a view to stability and sustainability and in ways that reverse the current slowdown, a top analyst has advised. The message came from the President of the National Institute for Economic Research, Mr Bouasone Bouphavanh, when speaking on Friday at […]

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Thailand: IoT regulations due next year

A series of regulatory conditions for the Internet of Things (IoT) and related device connectivity are scheduled to be implemented by 2019 to handle machine-to-machine connectivity in the industrial sector, with 5G wireless broadband set for worldwide commercial launch by 2020.  The general data of IoT users could be used to optimise public benefits through big […]

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Singapore malls take big gamble to outpace online shopping

[SINGAPORE] Online shopping in Singapore is lacklustre even after Amazon Inc debuted its Prime service in mid-2017. The island’s malls are trying hard to keep it that way. With some of the nation’s biggest mall operators reporting falling rents and rising vacancies, landlords, just like those elsewhere in Asia and the US, are being forced to reposition. They’re making […]

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Philippines: Debt payments reach P620 B in September

MANILA, Philippines — The national government spent P620.54 billion to settle its debt from both domestic and foreign lenders in the first nine months of the year, the Bureau of the Treasury (BTr) reported. According to the latest cash operations report of the BTr, the national government’s debt payments from January to September rose 6.46 […]

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Indonesia: Five fintech sectors expected to grow fast in next five years: Association

The executive chairman of the Indonesian Financial Technology Association(Aftech), Kuseryansyah, has estimated that five financial technology (fintech) sectors will experience significant growth in the country in the next five years. These sectors are online payment, peer-to-peer (P2P) lending, insurance technology (insurtech), crowdfunding and price aggregators, he added, arguing that they would experience fast growth because their services could be accessed by […]

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