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Thailand: Hospital rankings begin

The government on Tuesday unveiled 164 private hospitals rated “green”, meaning they offer friendly medicine pricing for patients. According to Whichai Phochanakij, director-general of the Internal Trade Department, the 164 hospitals out of 354 nationwide were assessed using three criteria: prices charged of up to 100% higher than the average retail price; prices 50% lower […]

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Indonesian tech platform eyes Cambodia

Indonesian Kudo, an app that connects merchants, combines payments and organises deliveries of retail products, is eyeing expansion into Southeast Asia, including Cambodia, Vietnam, and the Philippines. Kudo, part of the Grab group since 2017, already helps millions of offline Indonesians across the archipelago. Kudo is not a Grab consumer app, or ecommerce app, but […]

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IMF lowers 2019 growth forecast for Philippines to 5.7%

MANILA, Philippines — The International Monetary Fund (IMF) has lowered anew its economic growth forecasts for the Philippines for 2019 and 2020 due to the disappointing performance in the first half, as well as external headwinds caused by the US-China trade war. Based on the latest World Economic Outlook (WEO), the multilateral lending agency further […]

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A statue of a bull stands in front of an electronic board displaying stock prices outside the Indonesia Stock Exchange (IDX) in Jakarta, Indonesia, on Thursday, April 18, 2019. With Indonesian President Joko Widodo on course to win a second term as leader, the political uncertainty that's weighed on the economy this year will be lifted. Photographer: Dimas Ardian/Bloomberg
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Indonesia restaurant chain operator weighs US$150mil IPO

JAKARTA: PT Champ Resto, Indonesian operator of restaurant chains including Gokana Ramen & Teppan, is weighing an initial public offering in the largest nation in Southeast Asia that could raise about $150 million, according to people with knowledge of the matter. The firm, which is backed by Indonesian private equity firm Capsquare Asia Partners, is […]

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