ASEAN’S consumer sector is set to have a soft start to 2020, with the outlook “dampened by macro headwinds and soft consumer sentiments”, according to a Jan 6 DBS Group Research report. The Philippines seems like the main outlier, with an expected rebound after consumption was hit in 2018-2019. Even though Singapore, Malaysia, and Thailand […]
Read MoreTide turns against top-ranked Asian currency as growth slows After clocking an 8% rise this year, Asia’s best-performing currency is losing momentum as easing US-China trade tensions damp its appeal as a haven. Falling yields on local bonds and equity outflows are adding to the pressure. The baht has defied the broad weakness in regional […]
Read More[SINGAPORE] South-east Asia is set for another year of low inflation, generating difficult choices for the region’s central banks. S&P Global Ratings sees inflation remaining below central bank targets in most cases in 2020, according to Shaun Roache, S&P’s chief APAC economist in Singapore. Policymakers may soon have to think about using tools other than […]
Read MoreTHERE has never been a better time than now to be a tech investor in South-east Asia. The region’s tech companies saw investments worth US$5.99 billion in just the first half of 2019, with early-stage investments rising sharply. Tech companies, many of them just a few years old, are transforming traditional industries today. Take Tokopedia […]
Read MoreThe Dubai Chamber of Commerce and Industry has announced that Cambodia is one of the top markets in Asean for Dubai exporters. Together with Singapore, Indonesia, Thailand, and Malaysia, the Kingdom has been identified as one of the markets with the greatest potential in the Asean region, according to a statement issued by the chamber […]
Read MoreThailand looks poised to improve free trade agreements (FTAs) under the Asean framework next year, aiming to extend tariff cuts to cover more products, particularly sensitive items. The Trade Negotiations Department also wants to upgrade agreements so they are in line with changing economic conditions. Auramon Supthaweethum, director-general of the department, said the focus of […]
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Thailand
