Markets

Tourism could boost Indonesia’s economy

 Indonesia is an archipelago that is made up of over 16,000 islands, many of them with their own unique attractions from diving spots with diverse marine life, beautiful beaches with pristine waters and places with rich histories. Examples of such places include Borobudur, Morotai Islands and Labuan Bajau. While such places are beautiful in their own right, many of them remain unknown and under the radar.

12 April 2018
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The digital ledger revolution has begun in Singapore

Ubin is an island located northeast of the Singapore mainland, close to the border between the island republic and the Malaysian state of Johor. Famous for its rustic roads, immaculate beaches and shady nature trails, it is the only place where one could go to relive the Singapore of the 60s, immersed in the simple joys of life, away from the hustle and bustle of a modern-day city lifestyle.However, Ubin has assumed a different character to its name.

11 April 2018
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Cambodia's socio-economic progress under Hun Sen

The visit of the Secretary-General of ASEAN, Dato Lim Jock Hoi to Siem Reap on 4 April is indicative of the bloc’s positive impression towards Cambodia. Dato Lim was full of praise for the country and its leader, Prime Minister Samdech Hun Sen due to the big strides that has been made in terms of socio-economic development. Cambodia is one of the fastest growing member states in ASEAN with an improved quality of life.

10 April 2018
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China's Xi pledges greater openness amid Trump trade dispute

Chinese President Xi Jinping vowed to open sectors from banking to auto manufacturing, in a speech that also warned against returning to a “Cold War mentality” amid his trade disputes with U.S. counterpart Donald Trump.Xi said China would increase imports, lower foreign-ownership limits on manufacturing and expand protection to intellectual property.

10 April 2018
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US-China trade war could impact the region’s economy

The world is watching as the United States (US)-China trade war unfolds before our eyes. While the trade war might be between two countries, but it’s effects are far reaching, especially in the current globalised landscape we all live in.The trade war between the two countries kicked off in January when the US announced a 30% tariff on imported solar panels and a 20% tariff on washing machines. The trade war then intensified when US President Donald Trump imposed a 25% tariff on steel.

9 April 2018
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Softbank is said to borrow US$8 billion using Alibaba shares

SoftBank Group Corp., the Japanese technology giant, used its stake in online retailer Alibaba Group Holding Ltd. as collateral for an US$8 billion loan from a group of banks in what is one of the biggest deals of its kind, according to people familiar with the matter.Morgan Stanley, Citigroup Inc., Goldman Sachs Group Inc., Bank of America Corp. and JPMorgan Chase & Co.

9 April 2018
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China has the cards to call Trump's high-stakes raise: Gadfly

When a card player doubles down on a high-stakes bet, is that a sign of strength, or an over-played hand?That's what investors have to ask after President Donald Trump threatened to impose tariffs on a further $100 billion of Chinese imports.In one sense, such a move – if enacted – could turn the tide of this conflict in Washington's favor.Reciprocating tariffs from Beijing, when added to the $53 billion in trade that's already under threat, would max out China's ability t

7 April 2018
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Asian banks' loan strength should alarm Western rivals: Gadfly

For international banks, Asia is becoming an increasingly uncomfortable place.Already facing pressure from regulators in their home countries to conserve capital and stay away from risk, they're now having to cope with a newly sophisticated breed of Asian lender.Due to a boom in domestic and cross-border loans, bank advances in the region outside of Japan reached $26 trillion in June, up from $7.8 trillion a decade ago.

6 April 2018
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Thailand opens its eastern doors to investors

The seaside province of Rayong, located on Thailand’s eastern gulf coast is well known for its tranquil holiday beaches, crystal clear waters and a dazzling selection of fresh tropical fruits from nearby fruit orchards. The picturesque town is the perfect place for a weekend’s escapade – 180 kilometres from the hustle and bustle of Bangkok or just a two and half hour drive away. However, Rayong may not be a getaway from the fast-paced urban lifestyle for much longer.

3 April 2018
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Meet Asia's largest hedge fund (It also makes iPhones): Gadfly

In operation for more than 40 years, this outfit has grown to $106 billion in assets with investments in more than a dozen countries. Most of that is in China. Its returns probably wouldn't have you popping champagne – 12.8 percent last year on a return-on-equity basis, 4.6 percent if you're looking at return on assets. But it has never posted a loss, so that's something.

3 April 2018
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How Uber Lost The E-Hailing Race In Southeast Asia

Last week, Uber finally announced to nobody’s surprise that their Southeast Asian operations would be sold off to their biggest rival, ride-hailing giants, Grab. As part of the deal, Uber would get a 27.5% stake in Grab and its Chief Executive Officer (CEO), Dara Khosrowshahi will be given a seat on Grab’s board of directors. The announcement comes after months of speculation and rumours of the takeover.

31 March 2018
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