Indonesia’s foreign debt – which includes debts from central banks, governments and the private sector – stood at US$360.7 billion in August, growing by 5.14 percent year-on-year (yoy), driven by growth in private sector debt amid slowdowns in government and central bank debt. Bank Indonesia (BI) said in a statement that the structure of Indonesia’s foreign debt remained […]
Read MoreStakeholders in the property and construction sector say there is still a need for a body or organisation to oversee, implement and enforce the regulations under Condominium Law 2016 and Condominium Rules 2017. The lack makes the legislation less effective presently those in the business say. As there are very few condo projects in Yangon […]
Read MoreNEW DELHI (DataLEADS/ANN) – China attracts the highest number of tourists in the region with a record number of inflow of 59.27 million people in the year 2016. South East Asian region receives the highest number of travellers with China topping the list, according to the World Tourism Organisation report. Tourism has been one of […]
Read MoreSingapore-based LynPay Pte Ltd plans to tap into the apparently large Bitcoin and Ethereum community in Cambodia and offer its LynPay payment solutions. “In Cambodia, lots of people including Chinese hold Bitcoins and Ethereum but they don’t have a way to utilise it. Therefore, we are offering a payment solution that is beneficial to merchants […]
Read MoreThe Hanoitimes – Generation Z is estimated to be around 15 million people by 2025, representing approximately 25% of the country’s workforce. Generation Z, born between 1996 and 2005, is already having a marked impact on the consumer landscape in Vietnam given their growing purchasing power while they are years from fully establishing themselves, according to […]
Read MoreJAKARTA: Indonesia’s trade balance unexpectedly swung back to surplus in September as imports and exports grew much slower than expected, data released by the statistics bureau showed yesterday. Indonesia, South-East Asia’s largest economy, reported a trade surplus of US$230mil for September, compared with a US$500mil deficit expected in a Reuters poll. The country revised its trade deficit in August to US$944mil. September imports were worth […]
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Thailand
