New incentives to cement Thailand as EV production hub

Incentives will drive renewed interest from automakers.

New incentives to cement Thailand as EV production hub

Incentives will drive renewed interest from automakers.

Rail to become a major driver of Thai transportation sector growth

The government is seeking to transform Bangkok into a regional railway hub.

Carsome makes V-shaped recovery in June

It is said to have almost fully recovered its high transaction volume pre-lockdown.

APAC's HNW wealth up 7.9% in 2019

The region fell behind the average global HNWI growth rate despite robust market performance.

Eight in 10 SMEs in ASEAN rely on technology for cash flow woes

Technology is the top investment priority by most of the respondents.

Electric vehicle sales in Australia to surge in 2020

Long term Govt. incentive is required to retain this growth.

Malaysia's current account surplus may fall below 1% of GDP

The market’s imports and exports are expected to remain in the red.

Lack of domestic demand to result in current account surplus in Thailand

Goods exports and imports in April went down by 3.3% and 17%, respectively.

India's automotive industry to weather another poor year before recovery

Weak domestic and global demand may force factories to suspend operations.

China's construction sector to grow 1.8% this year

This is due to the uptick of investment activity in real estate and infrastructure.

Philippines' manufacturing PMI rose to 40.1 in May

Easing of measures helped businesses to restart operations.

Chinese property sales shrink 2.6% YoY in April

The property sector is starting to show more activity as sales recover.

Nearly half of APAC firms stray from due diligence checks

This comes as companies struggle to monitor third-party risks during the pandemic.

SEA VC funds accumulate $1.3b in additional assets

Singapore and Indonesia dominated the VC fundraising market.

Japan's GDP growth could contract 5.2%

Economy activity is expected to suffer despite restrictions being lifted in prefectures.

Thailand's GDP to maintain 4% contraction

This comes as exports, public consumption, and investment dragged on growth.

Philippine economy contracts 0.2% in Q1

The contraction was due to the Taal volcano eruption and lockdowns brought by the pandemic.