SINGAPORE saw the largest initial public offering (IPO) in six years in its market through September, according to data in the latest EY (Ernst & Young) Global IPO Trends: Q3 2017. Homegrown telecoms company NetLink NBN Trust raised US$1.7 billion on the mainboard of the Singapore Exchange (SGX) in July, making it the largest IPO […]
Read MoreThailand’s e-commerce value is projected to reach 2.8 trillion baht this year, growing 9.8% from last year thanks to the popularity of online retail commerce (B2C). For the first time, Thailand’s B2C market in 2016 was the largest in Asean with a value of US$19.6 billion (652 billion baht), followed by Malaysia at $17.5 billion, […]
Read MoreTEMPO.CO, Jakarta – Bina Artha Sekuritas senior analyst Reza Priyambada predicts that Rupiah will continue to weaken caused by the minimum positive sentiment domestically and internationally. “Rupiah is predicted to move around 13,401 at its peak and 13,319 at its weakest,” said Reza today on Thursday, September 28. The market, Reza observed, tends to enter safe heaven […]
Read MoreHANOI — Vietnam witnessed a year-on-year increase of 21.4 per cent in total trade value from January 1 to September 15 to US$289.14 billion, according to the General Department of Customs. However, total trade value in the first half of September dropped by 11.7 per cent to $2.44 billion against the same period last year. Meanwhile, the nation gained trade […]
Read MoreMacroeconomic stability could be threatened by the Philippines’ record low interest rates, a Fitch Group unit warned. “We highlight the risk that the record low interest rates may lead to speculative and unproductive investment decisions, posing increasing downside risks to macroeconomic stability in the coming years,” BMI Research said in a report released on Wednesday. […]
Read MoreTOO many cooks are spoiling the broth in Singapore’s pursuit of a cashless society. Competition among e-payment players will improve user experience, certainly, but Singapore does not need another new e-wallet; it needs a standardised Quick Response (QR) code or Point-of-Sale (POS) terminal, observers tell The Business Times. Anna Haotanto, chief executive of The New […]
Read More
Thailand
