Asia
Indonesian economy to slow down despite pre-election spending
Indonesian economy to slow down despite pre-election spending
GDP growth is expected to slow down from 5.2% to 5%.
China to develop platform economy in 2020
The country is aiming to build a commodity circulation system that fits the modern economic system.
Asia is home to 48,245 ultra-high net worth individuals in 2018: report
The population is forecasted to grow 23% over the next five years.
3.8% Philippine inflation in February falls back within target
The growth of the country’s supply chain and oil prices have slowed down.
China needs US$596.51b of stimulus to reach GDP target
Investments in infrastructure and construction are expected to boost growth.
Malaysia's exports inched up 3.1% in January
The exports of manufacturing and mining goods underpinned export growth.
Chinese TMT IPO proceeds triples to $264.9b in 2018
China Tower Corp, Xiaomi Corp and Meituan Dianping had the largest IPOs in H2 2018.
Asia's fintech investments hit $22.7b in 2018
It was led by online payment provider Ant Financial’s mammoth $14b series C funding round.
China's bloated PPP pipeline hit $1.95t in 2018
The total investment is almost double that recorded in end-2016.
China's PE activity hits record highs at $222b in 2018
It offset the 23% decline in China’s outbound M&A activity which dropped for the third consecutive year.
China's exports rebounded 9.1% in January
Exports to EU, Japan, South Korea and ASEAN have recovered.
Hotels in Thailand poised for 6% RevPar growth in 2019
Tourist visits will recover following the Phuket boat accident in last 2018.
Superyacht arrivals reach a new record in Thailand
The 36 superyachts at Yacht Haven Marina would cover a distance of 1,582 meters.
Japan's GDP growth slowed to 0.7% in 2018
Companies that supply parts and components to China were hit by weak demand.
Indonesia's vehicle production growth accelerates to 5.8% in 2019
The car industry is boosted by strong demand from the Philippines, Saudi Arabia, Thailand and Vietnam.
India's budget allocation for healthcare rises 13.6% to US$8.9b in 2019
The government has been laying out schemes to support lower classes’ healthcare spending.
Sluggish sales bog down Indonesian real estate
Pre-sales are tipped to inch up by a measly 2.2% in 2019.
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