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Vietnam: Bamboo Airways gets closer to take-off

The Hanoitimes – The airline is expected to launch its first flight on October 10, while offering air tickets for flights starting September 2. Vietnam’s Ministry of Transport (MoT) is seeking Prime Minister Nguyen Xuan Phuc’s authorization in giving aviation license to Bamboo Airways, helping the startup airline move closer to the official take-off, VnExpressreported. According to the MoT, […]

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Thailand: 30 years of change in the local retail market

Retail property is one of the most complicated types of real estate development because of the constantly changing tastes and needs of consumers.  The Thai retail property market has changed hugely over the last 30 years since the property services firm CBRE established its office in Bangkok, and change is continuing at an even faster rate, […]

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Singapore trade event to push Industry 4.0

Singapore Expo organizer SingEx Exhibitions, part of SingEx Group, and German-based event organizer Deutsche Messe AG, will organize the first Industrial Transformation Asia-Pacific (ITAP) to encourage industries to transform into Industry 4.0.                       The trade event is to be held at Singapore EXPO from Oct. 16 to 18 and will host 200 industries from 10 countries. […]

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Malaysia: Petrochemical industry to attract more investments with Pengerang complex

KUALA LUMPUR: Malaysia’s petrochemical industry is likely to attract more investment inflows with the development of the Pengerang Integrated Complex (PIC) project, as investments have already hit RM15.3 billion in the first four months of this year, said the Ministry of International Trade and Industry (MITI). Its Secretary-General, Datuk Isham Ishak said the country had […]

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Thailand: Q2 growth slows but still impresses

The economy expanded at a slower pace in the second quarter, but the government’s think tank is maintaining its growth forecast for 2018 at 4.2-4.7%, while raising the forecast for exports.  The National Economic and Social Development Board (NESDB) reported Monday that GDP in the second quarter grew by 4.6% year-on-year, easing from the first […]

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Indonesia: Foreign debt growth slows down in Q2, BI says

Bank Indonesia has announced that foreign debt grew 5.5 percent year-on-year (yoy) to US$355.7 billion in the second quarter of 2018, slower than growth in the previous quarter, which was 8.9 percent. Foreign debt consisted of $179.7 billion in government and Bank Indonesia debt and $176 billion in private debt, according to the central bank’s […]

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