The Hanoitimes – As incomes rise in the likes of India, Indonesia, the Philippines and Vietnam, their populations will also make the transition into driving global consumption in new ways, according to HSBC. Over the next decade, the incomes (based on GDP per capita) of large emerging market populations such as China, India and Vietnam are […]
Read MoreThe government plans to increase fees for airplane passenger services, widely known as airport taxes, Transportation Minister Budi Karya Sumadi said in Jakarta on Monday. He said the airport tax increase would be implemented particularly at airports under the management of state-owned airport operator PT Angkasa Pura II (AP II). “We are discussing the airport tax increase. […]
Read MoreFACEBOOK on Tuesday unveiled Startup Station, Singapore, a startup accelerator programme for data-driven startups based in South-east Asia. The programme is created in partnership with the Infocomm Media Development Authority (IMDA), and is set to kick off in February 2019. It will empower startups to accelerate their businesses in “new and cutting-edge ways”, while continuing to “keep people’s trust, transparency […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas lifted anew the rediscount rates on loans extended to local banks to finance the expansion needs of businesses and households. In a statement, the BSP said it raised the rediscount rates for loans under the peso rediscount facility to 5.0625 percent from 4.5625 percent for loans with […]
Read MoreThe office market is likely to face fierce competition in the next 3-4 years as the supply of Grade A office spaces increases by 30% from 1.175 million in the central business district (CBD), says Nexus Real Estate Advisory. The consultancy recommends landlords conduct maintenance to keep their buildings looking new for better rental rates. “Over […]
Read MoreKUALA LUMPUR: The rising tension between the US and China will not have an immediate impact on Asean’s economic growth as a majority of the countries in the grouping have a domestic demand-driven economy and are backed by sound economic and policy fundamentals. S&P Global Ratings Economist Vincent Conti said the movement of emerging currencies […]
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Thailand
