Markets

Markets

Markets is a section of Business News on investvine.com
Thai Economy Grows Better Than Expected, But Election Looms

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Thailand's economy grew fastest in six years in 2018, with fourth-quarter beating expectations on higher domestic demand and record tourism arrivals. GDP rose 3.7...
Malaysia Gets First Robot Hotel

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Becoming increasingly popular in countries such as Japan, Singapore, China and Taiwan, the trend now comes to Southeast Asia: The first robot hotel will...
Laos A Draw For Investors, But Obstacles Remain

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With growth rates of around seven per cent in recent years, Laos is one of the best performing in ASEAN. The country’s GDP rose...
North Korea Could Follow Vietnam’s “doi Moi” Example

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As Vietnam’s capital Hanoi prepares to host the second US-North Korea summit later this month, experts say North Korea may be gearing up to...
Bangkok Now Second Most Expensive City To Live In Southeast Asia

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Thailand’s capital Bangkok has now become the second most expensive city to live in within ASEAN, only beaten by Singapore, according to a new...
Chinese Keen On Thai Property

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Chinese buyers and investors continue pouring their money into Thailand's property sector even as the country moves towards an uncertain national election in March. According...
Laos Lays Out Economic Growth Path

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The Laos government has unveiled a new national development vision, which it plans to facilitate from 2021 to 2025. The plan entails the transformation of...
Myanmar Opens Up For Foreign Insurance Compnaies

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Myanmar’s financial regulator will begin granting licenses to foreign-owned insurance companies, allowing them to operate in the market by April this year. “We will soon...
Indonesia’s Batam Hoping For $60 Billion In Investment

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Indonesia wants to re-position Batam, an island archipelago just 30 kilometers south of Singapore, as an alternative manufacturing and shipping hub that would compete...
Filipinos Spend More Than 10 Hours Online Per – World Record

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The Philippines are topping the global country ranking of Internet usage per day with an average ten hours and 2 minutes of screen time....
Thailand’s Central Group To Invest $200 Million In Ride-hailing Service Grab

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Bangkok-based family conglomerate Central Group, which is active in retail, real estate, hospitality and restaurants and operates Thailand’s biggest shopping mall, plans to invest...
Corruption Is Getting Worse In Asia, Report Shows

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With an average score of just 44 out of 100 for three consecutive years, the Asia-Pacific region is making little progress in the fight...
Mass Arrivals Cause “headache” For Thai Tourism Minister

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Thailand received a record of 38.3 million tourists in 2018, and 2019 numbers are expected to be even higher. According to tourism minister Weerasak Kowsurat,...
Hcmc, Hanoi, Manila, Bangkok Among World’s Most Dynamic Cities

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Vietnam’s Ho Chi Minh City and Hanoi appear prominently among the global Top 10 most dynamically growing cities in the new City Momentum Index...
Philippines Gdp Growth Slowest In Three Years

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The Philippine economy grew 6.2 per cent in 2018, missing the government’s growth target as price increases slowed consumer spending as well as business...
Singapore, Malaysia, Brunei Top Asean Countries In Global Talent Index

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Singapore is topping the 2019 Global Talent Competitiveness Index in the Association of Southeast Asian Nations (ASEAN), as well as in Asia-Pacific for the...
Indonesia’s “smart Kiosk” Startup Raises More Funds To Digitise Street Vendors

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Indonesian micro-retail tech startup Warung Pintar (“smart kiosk”) has secured new funding of $27.5 million in a Series B round participated by its existing...
Asean Countries Welcomed 129 Million Tourists Last Year, Up 7.6%

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Close to 129 million tourists visited the ten member countries of the Association of Southeast Asian Nations (ASEAN) in 2018, which translates into a...