Indonesia: inflation slightly rises in May ASEAN

Indonesia: inflation slightly rises in May

Indonesia’s inflation was 0.68 percent in May, higher than the 0.44 percent registered in April due to high consumption during the month of Ramadan, according to Statistics Indonesia (BPS).
Thai firm to acquire Agribank subsidiary Business

Thai firm to acquire Agribank subsidiary

Thai financial firm Srisawad Corporation is looking to acquire the Finance Leasing Company I (ALC I) of the Vietnam Bank for Agriculture and Rural Development (Agribank) at an estimated cost of 523 billion VND (22.45 million USD).
Malaysia's economy grows 4.7 percent in 2018 World

Malaysia's economy grows 4.7 percent in 2018

Malaysia posted a gross domestic product (GDP) growth of 4.7 percent in the fourth quarter (Q4) of last year, leading to an overall economic growth of 4.7 percent in 2018, Bernama news agency reported.
Report: Positive outlook for FMCG sector Business

Report: Positive outlook for FMCG sector

Fast-moving consumer goods (FMCG) are expected to have another year of strong growth in 2018 and rise 6-7 percent over the preceding year, according to a Kantar Worldpanel report on Vietnam FMCG market.
Vietnam’s retail forecast to grow steadily Business

Vietnam’s retail forecast to grow steadily

Vietnam’s retail sector is forecast to be stable in the coming years, attracting investment from many foreign enterprises thank to its large population, brighter economic outlook and greater purchasing power.
Consumer finance lures foreign firms Business

Consumer finance lures foreign firms

Consumer finance is proving to be an attractive sector with the number of foreign companies rising through mergers and acquisitions, the news site cafef.vn reported.