ASEAN News

November 26, 2018

Indonesia: Five fintech sectors expected to grow fast in next five years: Association

The executive chairman of the Indonesian Financial Technology Association(Aftech), Kuseryansyah, has estimated that five financial technology (fintech) sectors will experience significant growth in the country in the next five years. These sectors are online payment, peer-to-peer (P2P) lending, insurance technology (insurtech), crowdfunding and price aggregators, he added, arguing that they would experience fast growth because their services could be accessed by […]

November 26, 2018

UnionPay sees robust growth in Cambodia

Reporting tremendous growth in the number of cards issued in the country as well as in the number of transactions, UnionPay has recently revealed that Cambodia is the market in Southeast Asia where it is growing the fastest. According to the China-based company’s most recent report, the number of transactions performed by Cambodians using UnionPay […]

November 26, 2018

Thailand’s TCP Group to invest US$120 million in Vietnam in next 3 years

The Hanoitimes – The group aims to increase market share in Vietnam to more than 50% in the next five years. TCP Group, a Thai maker and distributor of food and beverages including energy drink Red Bull, has plans to invest over US$120 million in Vietnam in the next three years to boost its marketing capabilities, […]

November 26, 2018

Singapore manufacturing surprises on the upside with 4.3% growth in October

SINGAPORE’S manufacturing output grew 4.3 per cent year on year in October, more than rebounding from September’s marginal 0.1 per cent fall and exceeding economists’ expectations of 2.6 per cent growth, according to preliminary estimates from the Economic Development Board on Monday. Excluding the volatile biomedical manufacturing sector, output grew 3 per cent. On a […]

November 26, 2018

Myanmar: Tap into inclusive business to reduce poverty: DFID report

On the heels of the release of a UK-backed report on inclusive businesses, a senior government official says that such businesses are “triple wins” for the poor, tthe business sector and for the government. With the support of Myanmar’s Directorate of Investment and Company Administration (DICA) and the Directorate of Industrial Supervision and Inspection (DISI), […]

November 26, 2018

Thailand: Loss of privilege irks LTF investors

Paying tax is a bitter pill to swallow for most people, with many Thais opting to invest in long-term equity funds (LTFs) for the tax deduction on annual income. But such tax privileges will soon disappear because financial regulators no longer want to spoil the upper and middle classes with a generous treat and risk […]

Malaysia’s construction sector expands 8.1% in 2Q 2023 – DoSM

Philippines: Government hikes budget for debt payment

Thailand: Behind the power tariff decision

Cambodia’s agricultural product exports at $2.6 billion

More Filipinos went jobless, sought more working hours in June

Cambodia, Laos & Myanmar – 2016 Foreign Investment Outlook

Vietnam: Elusive trade target with Vietnam renewed

Central Group wins bid for Big C Vietnam

Economy Retailers must find competitive edge: experts

Up to 72 percent of enterprises support TPP

Contact Us