indo01
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Indonesia: Tax incentives could slash airfares by 40 percent: MTI analyst

The government has been urged to provide airlines with incentives so that they can lower airfares, the costliness of which has been blamed for stagnation in the tourist industry. Indonesian Transportation Society (MTI) aviation analyst Suharto Abdul Majid said on Sunday that the government should not instruct airlines to decrease the prices of airplane tickets without granting any incentives. “I challenge the government; does it dare […]

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Philippine banks remain stable — S&P, Moody’s

MANILA, Philippines — Debt watchers S&P Global Ratings and Moody’s Investors Service said the Philippine economy would continue to provide sound growth opportunities for Philippine banks. S&P said the Philippine economy’s strong growth trajectory would drive constructive development outcomes and close infrastructure gaps, while supportive fiscal policies and an improving investment climate would aid growth. […]

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th01
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Thailand: Palming off the problem

An oversupply of fresh palm nuts has prompted authorities to boost prices by marking up the price of cooking palm oil, much to the dismay of retailers. While such a move could boost palm nut prices, it could also impact food prices and the cost of living. Global crude palm oil (CPO) production is estimated […]

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Asean’s mobile e-commerce leaders

Mobile apps are playing a vital role in the development of e-commerce. According to a report by Google and Temasek, there are more than 350 million internet users in the six largest markets in Southeast Asia (Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam).  More importantly, more than 90% of Southeast Asians connect to the internet […]

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