Markets

Will Malaysians stick to Netflix and Spotify?

When the Coalition of Hope (Pakatan Harapan) unveiled its first ever budget as Malaysia’s new ruling coalition, one of the key points that caught the attention of Malaysians was the taxing of imported services, including online services.In November 2018 – when Malaysia’s 2019 budget was tabled – the country’s Finance Minister Lim Guan Eng revealed that the government would impose and remit a tax on online services such as software, music, video and digital advertising beginning January 2020.

6 January 2020
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ASEAN growth slower than forecasted

While growth in Southeast Asia remains robust, data from the first half of 2019 indicates it has been slower than forecasted. The most recent Asian Development Bank (ADB) data suggests that Southeast Asia has grown less than anticipated, resulting in slight downward revisions to growth forecasts which now stand at 4.8 percent (2019) and 4.9 percent (2020), down from 4.9 percent and 5.0 percent, respectively.

30 December 2019
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The Unemployment Mess In Malaysia

Picture this: You spend years studying for a degree. After graduating, naturally, you start looking for a job so you can be your own person and not have to rely on your parents anymore. There aren’t many jobs available at the moment but you apply for the ones that are and that suit you – a graduate – and your newly acquired qualifications. Months pass and you still find yourself unemployed, not earning a salary.

23 December 2019
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Is food in Singapore affordable?

Singapore is cheap. This is something you will not hear from many tourists who go to visit the popular island state. As such, the fact that Singapore has one of the most affordable food prices in the world may be a little hard to “swallow” at first.Nevertheless, this is exactly what the Economist Intelligence Unit (EIU) revealed in its recent Global Food Security Index published on 9 December.

15 December 2019
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Upgrading Thai skills

Thailand’s Education Minister Nataphol Teepsuwan has outlined plans to improve the country’s vocational education sector. These plans have come following expressed fears that Thailand’s education system is not on par with international standards. This is especially important if Thailand hopes to see its ambitious Eastern Economic Corridor (EEC) project become a success.

28 November 2019
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Skills or jobs: Which should Cambodia focus on?

Cambodia boasts one of the lowest unemployment rates in Southeast Asia. According to research platform for investors, Macrotrends, this number stood at 1.05 percent in 2018, putting its unemployment rate only higher than Thailand’s (0.67 percent) and Lao PDR’s (0.61 percent) when compared to other ASEAN countries.The idea that Cambodia has such a low unemployment rate may seem like good news for Cambodians at first glance.

27 November 2019
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Singapore boost for Cambodia’s future 

Leading institutions in Singapore will be helping Cambodia get ready to fully embrace the Fourth Industrial Revolution. It was recently reported that Singapore’s leading institutes are collaborating with the Cambodian government on a three-year programme that is expected to equip local students with the knowledge and skills required to tackle challenges in the 21st century.Singapore’s Ambassador to Cambodia, Michael Tan was quoted as saying that the programme would involve the fellow

26 November 2019
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Philippine talent in need of a boost

The ASEAN Post recently published an article on the Swiss-based International Institute for Management Development (IMD) World Talent Ranking for 2019.

25 November 2019
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Will banks lose out in Indonesia?

Standard and Poor’s (S&P) Global Market Intelligence recently commissioned an inaugural report on the growth of e-money in Southeast Asia. The report, titled “The 2019 Southeast Asia E-Money Market”, involved five ASEAN countries (Indonesia, Malaysia, Singapore, the Philippines and Thailand) – also known as the ASEAN-5 - and found that the number of e-money transactions in the region increased by more than 31 percent in 2018, with Indonesia and the Philippines showing the gre

24 November 2019
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Can TV survive in Thailand?

Recently, the National Broadcasting and Telecommunications Commission unveiled a comprehensive study on Thai media habits.

22 November 2019
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Global talent ranking tells a familiar ASEAN tale

Swiss-based International Institute for Management Development (IMD) recently released its World Talent Ranking for 2019. The ranking involved 63 countries from around the world, including five ASEAN member countries (Indonesia, Malaysia, the Philippines, Singapore and Thailand).

20 November 2019
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