INDONESIAN e-commerce company Bukalapak on Monday (Oct 31) posted an 86 per cent growth in revenue to 898 billion rupiah (S$81.3 million) for the third quarter ended Sep 30. This comes as the company shifted its focus on generating revenue from a lower cost base, and contribution from its online-to-offline business segment Mitra Bukalapak rose […]
Read MoreThe total FDI disbursement in Vietnam this year is projected to hit $21-22 billion, up 6.4-11.5% year on year. The disbursement of foreign direct investment (FDI) in Vietnam during the ten months rose by 15% year on year to US$17.45 billion. “This brings real FDI to about $21-22 billion this year, up 6.4-11.5% year-on-year,” according to […]
Read MoreMANILA, Philippines — Red-hot inflation likely hit is boiling point in October and would start cooling down from there, as price pressures from weather disturbances and transport fare hikes are expected to ease in the coming months, the Bangko Sentral ng Pilipinas said Monday. Inflation, as measured by the consumer price index, is forecast to […]
Read MoreAs the new year approaches, Thais often look to make long-term investments for tax benefits and to feather their nest. In the fourth quarter of every year, investors regularly check for available funds that offer tax advantages. Based on 2021 data, roughly 40 billion baht was invested in such funds, with analysts predicting a similar amount […]
Read MoreSINGAPORE’S core inflation is expected to be driven more by domestic than external pressures in 2023, with inflation slowing but staying high over the course of the year, according to the Monetary Authority of Singapore’s (MAS) latest half-yearly macroeconomic review on Thursday (Oct 27). MAS said that domestic inflation is likely to persist at elevated […]
Read MoreJAKARTA : Indonesia’s central bank expects headline inflation this month to ease to 5.8 per cent year-on-year and food inflation to come in below 10 per cent amid efforts by authorities to shore up food supplies, a deputy governor said on Monday. The annual inflation rate in Southeast Asia’s biggest economy in September reached a […]
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Thailand
