Brushing aside worries about protectionism, Southeast Asian businesses have the most bullish trade outlook in the world, a new HSBC report has found. Expecting more production to swing Asean’s way, businesses are pivoting investment into supply chain technology to turn global trade tensions from a headwind into a tailwind. The findings come from the HSBC […]
Read MoreMUMBAI: Global investors are already warming to emerging-market Asian currencies – all they want now is a positive sign on trade from Presidents Xi Jinping and Donald Trump. Slumping oil prices, pro-active central banks and lowered expectations for Federal Reserve rate hikes have renewed the appeal of one of the year’s most beaten down asset […]
Read MoreJAKARTA: At a makeshift kiosk outside her home in a South Jakarta backstreet, 39-year-old Julaiha stands at the front lines of a multi-billion-dollar battle over one of the richest opportunities in the global digital economy. Along with goods such as instant noodles and cigarettes, she sells insurance and offers a service to pay utility bills. […]
Read MoreGENEVA (ILO News) –Worldwide wage growth reached a new low in 2017 and most of the growth was driven by modest gains in emerging and developing countries in Asia-Pacific according to a new International Labour Organization (ILO) report. The Global Wage Report 2018/19 finds that in real terms (adjusted for price inflation) global wage growth […]
Read MoreKUALA LUMPUR: Malaysia hopes to promote the identification of the potentials and prospects for green industries and jobs in the Asean member countries during its tenure as the chairman of Asean labour sector, Tun Dr Mahathir Mohamad said yesterday. The Prime Minister said Malaysia also hopes to develop corresponding regional policies regarding green industries during […]
Read MoreSoutheast Asia’s consumer economy will soon be transformed by the rise of the “mass affluent” as tens of millions from the middle class join their ranks, according to a new report by The Boston Consulting Group (BCG). In the report Beyond the “Crazy Rich”: The Mass Affluent of Southeast Asia, the mass affluent was described as an […]
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