Asia

APAC's mobile payment usage climbs 30% in 2018

Consumers in China and India are more likely to reach for their phones to shop and pay.

APAC's mobile payment usage climbs 30% in 2018

Consumers in China and India are more likely to reach for their phones to shop and pay.

Dairy to spur growth of $17.1b China-New Zealand trade

The rise in milk prices could further strengthen China’s dependence on New Zealand’s exports.

Higher insurance coverage to boost Vietnam's healthcare sector

The plan to cover the health insurances of 84% of the population could drive investment growth.

APAC's real estate markets run out of steam with US$27b in Q3: report

The last time the region recorded a quarterly decline was in Q2 2016.

Thailand's 2019 GDP growth may slow to 3.5% as trade tensions persist

Economic growth has already declined 3.3% YoY in Q3 from 4.6% in Q2.

Internet economy funding in SEA poised to break US$50b target by 2025: report

The region’s nine unicorns lured US$16b in investments between 2013 and 2017.

Strong Asian demand may create global LNG deficit by 2022

The continent will account for two-thirds of the overall demand in the coming years.

Southeast Asia geared to produce 10 more unicorns by 2024: report

The region’s maturing bench of startups is an important catalyst for investment activity.

Southeast Asia's internet economy may exceed US$240b by 2025: report

E-commerce was the fastest growing sector in 2018 and is projected to reach US$100b in 2025.

Malaysia's economic growth moderates to 4.4% in Q3

Stock drawdown has decreased 1.4% in the GDP growth.

Japan Q3 GDP growth plunges to three-year low at 1.2%

The decline is driven by a slowdown in external and domestic demands.

APAC healthcare benefit expenses may climb 7.8% in 2019: study

Vietnam, Malaysia and Philippines could witness over 10% increases.

APAC's hotel transaction volume hit US$5.2b YTD in 9MFY18

China, Japan and South Korea accounted for 70% of transaction volumes.

Weakening property market deals another heavy blow to China's slowing economy

The number of failed land auctions has doubled to 796 from January-July 2018.

Malaysian industrial production growth slowed to 2.4% in Q3

It has been driven by the continuing decrease in the mining sector and crude palm oil.

South Korea's environmental platforms to hinder steel industry growth

The country’s steel companies will increasingly employ technology to lower emissions in complying with environmental regulations.