JAKARTA: Over the past couple of decades, Indonesian companies have developed a tried and tested strategy to cope with the periodic plunges in the rupiah: retain dollars to protect their profits. But their behaviour can add to downward pressure on the currency, exacerbating problems for policymakers in southeast Asia’s biggest economy, especially given its relatively […]
Read MorePETALING JAYA: Coca-Cola Bottlers Malaysia, which has made an accumulative investment of RM1.5bil, is not ruling out further significant investments in the country in a move by the international bottler to strengthen its market presence. Chief executive officer for Malaysia, Singapore and Brunei Gareth McGeown told StarBiz that the company had made the accumulative investment since 2010, […]
Read MoreTHAILAND faces many challenges ahead as it seeks to transition the country to succeed in the era of automation and digitalisation with the 4.0 initiative. The country needs to prepare itself to meet Thailand 4.0’s manufacturing environment as well as respond to the expansion of Chinese investments and those from global investors into the Kingdom, […]
Read MoreRISE Academy, a two-year-old corporate innovation accelerator, is aiming high and expects to contribute 1 per cent to the country’s gross domestic product (GDP) by 2020. The academy is an umbrella with two key facets – the RISE Accelerator and RISE Innovation Week. The RISE Accelerator has been in place for two years, helping build […]
Read MoreThe Hanoitimes – Double digit growth in revenue has made Vietnam’s retail sit atop the list of sectors with the highest number of newly-established enterprises to date this year. According to the General Statistics Office (GSO), the country’s total revenue from retail sales and services in the first five months of this year maintained a high […]
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