Industries

Industries

Growth reports, trends and breakthroughs

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...
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...
Philippines Could Lose $1.5 Billion In Remittances From Cash-strapped Gulf States

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Around 80,000 to 100,000 jobs for Oversea Filipino Workers, or OFWs, among them 30,000 household service workers, could be lost due to the precarious...
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...
Malaysia’s Ex-pm Hit With More Charges In 1mdb Scandal – Trial Begins On Feb. 12

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Malaysia's former prime minister Najib Razak has been charged with three more counts of money laundering amounting to $11.6 million. He pleaded not guilty...
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...
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...
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...
Thailand’s Stock Exchange Ventures Into Cryptocurrency Trading

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The Stock Exchange of Thailand (SET) is planning to set up a regulated digital asset exchange in order to capitalise on sustained interest of...
Eu Reinstates Import Duties On Rice From Cambodia And Myanmar

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The European Commission has reinstated duties on rice from Cambodia and Myanmar for three years after determining that imports were causing economic damage to...
Goldman Sachs Ceo Apologises To Malaysia, Say People Were “defrauded”

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David Solomon, new CEO of Goldman Sachs Group (pictured), apologised to the Malaysian people for the role that a senior banker at the firm,...
Bangkok Smog To Cause Economic Damage Of Over $200 Million

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The current severe air pollution crisis in Thailand’s capital Bangkok is expected to cost the country up to 6.6 billion baht ($207.8 million) in...
New Vietnam Stock Exchange Set Up As Umbrella For Hanoi And Hcmc Bourses

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The Vietnam government has set up a new state-owned stock exchange company, Vietnam Stock Exchange (VSE), which will operate as an umbrella company for...
Malaysia Insists Goldman Sachs Pays Back $7.5 Billion In 1mdb Case

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Malaysian Finance Minister Lim Guan Eng says his government insists on reclaiming $7.5 billion from US financial firm Goldman Sachs in reparations over the...
Laos expects more private investment this year

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The Communist Lao government expects domestic and foreign private investment to climb to 23,086 billion kip ($2.7 billion) in 2019 from around $2.36 billion...