Indonesia’s economy grew 5.02 percent annually in 2019 because of weakening investments and exports, Statistics Indonesia (BPS) announced on Wednesday. Last year’s gross domestic product (GDP) growth was the weakest since 2015, slowing from 5.17 percent in 2018. This also means the government failed to achieve the targeted growth of 5.3 percent stated in the […]
Read MoreNot so long ago, online food delivery services were limited to pizza, fried chicken and burgers from large international chains. Thanks to the advancement of technology and the rapid global penetration of e-commerce, consumers nowadays are able and willing to pay extra for their favourite food from their go-to food places or from trendy new […]
Read More[MANILA] The Philippines’ consumer price index (CPI) rose 2.9 per cent in January from a year earlier, more than expected, the statistics agency said on Wednesday. A Reuters poll had forecast the CPI in January would rise 2.8 per cent from a year earlier, within the central bank’s 2.5 per cent -3.3 per cent forecast […]
Read MoreKUALA LUMPUR: Malaysia is expected to achieve an export growth of 1.5% year-on-year (y-o-y) this year, underpinned by commodity-based sectors, according to economists. RHB Investment Bank Bhd economist Ahmad Nazmi Idrus said the latest figures might appear that trade could have reached its bottom and is ready for a rebound. He said the support came […]
Read MoreThe Hanoitimes – Up to 64% of respondents in Vietnam applied for online credit in 2019 at least once. As online payments and digital lending are in priority for the Asians when it comes to frequently used financial services, almost two-thirds of respondents in Vietnam applied for online credit and made e-payments in 2019, according to […]
Read MoreShippers expect the coronavirus outbreak to have the greatest effect on farm product exports, notably fresh fruits and vegetables, with an impact also seen on imports of raw materials to make certain finished products like automotive tyres and face masks. The Thai National Shippers’ Council estimates the outbreak to hit exports of Thai products bound […]
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