Cityscape of Kuala lumpur city skyline with swimming pool on the roof top of hotel at sunrise in Malaysia.
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Malaysia: Structural reforms the key to growth

PETALING JAYA: Long-term structural reforms hold the key to global economic sustainability amid the weakening world economy, experts say. They added that such reforms could complement the conventional economic tools of monetary and fiscal policies to bolster economic growth. The same scenario also applied to corporate Malaysia, they added, noting that there was little room […]

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Thai M&A set to surge

Thailand’s merger and acquisition (M&A) volume and value should improve in the second half of 2023, according to PwC Thailand, after many businesses paused M&A activities because of economic conditions, inflation and geopolitical risks. Although many deals were delayed from the fourth quarter of 2022, there are positive signs in line with global trends. According to […]

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Philippines: Card payments to grow double digit this year

MANILA, Philippines — Card payments in the Philippines are expected to continue to post double-digit growth this year, as consumer spending increases, according to data and analytics firm GlobalData. In a statement, GlobalData said card payments in the country are likely to grow by 10.1 percent to reach P2.5 trillion this year. It said last […]

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Foreign OTAs dominate Vietnam’s lucrative online travel market

The top online travel agents (OTAs) in Q1 are international brands in the travel sector, such as Traveloka, Booking.com, Agoda, Expedia and Trip.com. There are no domestic OTAs platforms among the top choices of Vietnamese travellers. HÀ NỘI — Foreign businesses dominated the online travel agency channel in Việt Nam, according to The Outbox Company’s Most […]

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Thailand: Consumers hold recession fears at bay

Heightened worries about the strength of consumers and the global economy have been put on hold — at least for now — after some of the world’s best-known companies delivered a slew of better-than expected numbers. Unilever Plc on Thursday reported sales that topped expectations, keeping up the surprises after Nestle SA kicked off the week […]

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