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Vietnam: GDP in first quarter reaches 10-year high

The Hanoitimes – Vietnam`s GDP growth rate in the first quarter of 2018 is expected to reach a 10-year high with over 7%, stated in a report of the Ministry of Planning & Investment (MPI) on March 27. Industry – construction, as stated in the report, are considered the driving force for economic growth with increasing […]

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International partnerships drive transparency among Myanmar companies

Good corporate governance is what attracts investors, such as International Financial Corporation (IFC), for companies, according to the findings revealed by the latest transparency report. The report also points to the very poor disclosure record and absence of corporate governance by companies which are registered at Directorate of Investment and Company Administration (DICA) as “public” companies, […]

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Thailand: Central Department Store embraces online

Despite technology disruption, Central Department Store remains upbeat that Thai department stores will survive, boosted by growing tourism and seamless offline and online integration by existing operators.  Piyawan Leelasompop‎, the company’s executive vice-president for marketing, said the department store segment will never die and its prospects are expected to outstrip the country’s GDP growth.  “We will […]

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Indonesia: After Acquisition, Grab and Go-jek Could Spark Oligopoly Risk

TEMPO.CO, Jakarta – Grab is projected to strengthen after taking over Uber`s assets in Southeast Asia. The lower number in the market of online-based transportation service which left only Grab and Go-Jek might spark market control domination or oligopoly following the acquisition of Grab to Uber in Southeast Asia. Institute for Development of Economics and Finance (Indef) expert Bhima […]

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Philippines: 3 new product categories eyed as export prospects

MANILA, Philippines — The government has identified three product categories that could serve as new avenues for growth and expansion for Filipino exporters this year. The Philippine Exporters Confederation Inc. said organic, halal, and kosher products have been cited by the Department of Trade and Industry (DTI) as three consumer goods categories that would open […]

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Cambodia smiles for foreigners

Cambodia ranks 4th in the top ten most welcoming countries for foreign residents, the latest survey from Expat Insider shows. The survey rated Cambodia’s friendly attitude towards expats at 92 percent. Ease of making local friends was put at 59 percent, and the proportion of expats likely to stay forever was 23 percent. “Moving to […]

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