DETAILED data on Singapore’s gross domestic product (GDP) for the second quarter will be released at 8am on Aug 11, said the Ministry of Trade and Industry. It will include information and data on the overall GDP performance of the economy, sectoral performance, sources of growth, inflation, employment and productivity in the second quarter of […]
Read MoreHCM CITY — While only 7 per cent of online travel sales in Vietnam were made on mobile devices last year, the number grew rapidly at a 58.1 per cent compound annual growth rate (CAGR) in the 2013-16 period, presenting a major growth opportunity, according to a Euromonitor International study. Euromonitor, a provider of strategic market research, surveyed a sample of […]
Read MoreBANGKOK] Thailand’s economy is expected to grow 3.5-3.6 per cent this year, driven by investment in infrastructure projects, the finance minister said on Friday. Government projects will also help attract private investment, Apisak Tantivorawong said at a business event. Growth in Southeast Asia’s second-largest economy, which clocked at 3.2 per cent in 2016, still lags […]
Read MoreLast September, amid an alarming rise in the number of unoccupied hotel rooms in cities like Yangon and Mandalay, the Ministry of Hotels and Tourism (MOHT) announced tighter controls on the development of new hotels in congested areas. Occupancy rates in Myanmar last year were under 40 per cent during the rainy season, according to Bloomberg, quoting figures from the […]
Read MoreJAKARTA: Indonesia on Monday is expected to announce slightly higher economic growth in the second quarter, as weak consumption is crimping the country’s ability to get the pace well above 5%. In every quarter since the start of 2014, growth has hovered around 5%, which many analysts say is not enough to escape the so-called […]
Read MoreMANILA, Philippines – The strong economic fundamentals of the Philippines continue to lure foreign businessmen as a group of Singaporean companies is currently in Manila to explore business opportunities. In a press briefing yesterday, Philippines-Singapore Business Council (PSBC) co-chair Lo Chin Hua said many Singaporean companies have expressed interest in looking for potential projects in the Philippines, one of the […]
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