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Philippines: Consumer spending to boost mass market retailers

Strong consumer spending will benefit the mass grocery retail market but value-added services such as online shopping are not expected to gain much ground given logistics and infrastructure hurdles, a research firm said. “Growing consumer spending on food and non-alcoholic drinks, an urbanizing population and the majority of households falling in the low-income bracket will […]

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Thailand – BoT: 4% Q3 growth rests on export bump

Economic growth in the third quarter could expand by 4% year-on-year propelled by robust export growth, with year-end festivities expected to shore up further growth prospects in the remaining months, says the Bank of Thailand. “Thailand’s economic growth has improved based on strong export growth of 9.1% in the first nine months, with an all-time […]

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Eaton Sets Eyes on Indonesia’s Data Center

TEMPO.CO, Jakarta – Global power management company Eaton offers to accommodate Indonesia’s emerging data center and energy storage resources industry. Eaton will make Indonesia as one of its priority countries for solutions. The company plans to implement its newest technologies in Indonesia, including managing the data center of the future. This step is in line with the government’s ambition […]

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