Markets

Southeast Asia’s electric car revolution

Driving attitudes across the region has changed dramatically with the introduction of electric vehicles into the personal mobility market. As more and more consumers become environmentally conscious, the demand for electric vehicles has seen an uptick. A report by Bloomberg New Energy Finance (BNEF) indicates that in 2040, 54 percent of cars sold will be of the electric variety, accounting for one third of the global car fleet. This is a revision from the previously predicted 35 percent.

27 November 2018
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Singapore malls take big gamble to beat e-commerce

Online shopping in Singapore is lacklustre even after Amazon debuted its Prime service in mid-2017. The island’s malls are trying hard to keep it that way.With some of the nation’s biggest mall operators reporting falling rents and rising vacancies, landlords, just like those elsewhere in Asia and the United States (US), are being forced to reposition.

26 November 2018
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Improving education in the Philippines

The research arm of Switzerland-based business school International Institute for Management Development (IMD) recently conducted a survey on the talent competitiveness of 66 countries around the world. While countries like Malaysia and Indonesia managed to move up in the IMD World Competitiveness’ World Talent Ranking 2018, several countries in Asia also dropped a few places.

24 November 2018
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Building skills of the future

Young people represent the fundamental drivers of economic and social growth and nowhere is this more visible than in Southeast Asia. In a region of more than 630 million people, 60 percent are below the age of 30.However, in an ever-changing global environment, it is vital for the next generation to be prepared for challenges that may or may not be so apparent now.

23 November 2018
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Going green with infrastructure investments

As a growing number of people become acutely aware of the need to protect the environment, the demand for goods and services that are sensitive to such inclinations will undoubtedly increase. Green bonds, energy efficient buildings, solar parks, and wind farms are just some of the many initiatives that can help attain the goal of a cleaner and more sustainable environment.Green infrastructure investment opportunitiesWhere there is a demand, there is an investment opportunity.

14 November 2018
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Modern slavery’s invisible whip

On 9 November, Cambodia celebrated its Independence Day. But while most Cambodians were celebrating their freedom from the control of the French Protectorate of Cambodia, thousands of other unfortunate Cambodians are still working in brick kilns throughout the country. “Freedom” for these people is just an empty promise.A recent Blood Bricks research project has led to a photo exhibition exposing debt-bonded labour in the brick making industry.

12 November 2018
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China steps up drone race with stealth aircraft

China is unleashing stealth drones and pilotless aircraft fitted with AK-47 rifles onto world markets, racing to catch up to United States (US) technology and adding to a fleet that has already seen combat action in the Middle East.Combat drones were among the jet fighters, missiles and other military hardware shown off this week at Airshow China, the country's biggest aerospace industry exhibition.A delta-winged stealth drone received much attention, highlighting China's growing pr

11 November 2018
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Escaping poverty through microfinancing

Much has been written about the importance of financial inclusion for rural communities in Cambodia, Lao PDR, Myanmar and Vietnam. The benefits are obvious even to armchair economists.

10 November 2018
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How the trade war affects the ICT industry

As China and the United States (US) engage in a trade war, the ripples of the battle is felt throughout the world. Both the countries are the two largest economies in the world with a combined gross domestic product (GDP) of almost US$32 trillion, a third of the global GDP.

9 November 2018
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Malaysia to tax imported services

Last week, Malaysia’s Finance Minister Lim Guan Eng tabled the country’s 2019 Budget. Being the first budget under a new government led by the Alliance of Hope (Pakatan Harapan), there were obviously numerous key points to look out for. One of those key points is the taxing of services imported into the country, which includes online services. The service tax, according to Lim, will be imposed in phases beginning with services imported by businesses in January, next year.

9 November 2018
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Rosy road ahead for insurance markets

Growth prospects for six major Southeast Asian insurance markets – Singapore, Thailand, Malaysia, Indonesia, Vietnam and the Philippines – remain robust undergirded by sturdy socioeconomic fundamentals according to a recent report by Moody’s Investors Service. Nevertheless, pace and quality of this growth will vary according to geographies.

8 November 2018
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