Vietnamese MGR players are taking advantage of the formalisation of the grocery sector and increased food spending by launching expansion initiatives. Delivery services are also rising in urban centres due to urbanisation, middle-class growth, and high mobile internet adoption. The healthification trend is growing among middle to high-income earners. Key View: As the Vietnamese economy […]
North Korea’s economy is expected to grow by 1.0% in 2022 and 2023, following two years of contraction. The recovery relies on increased trade with China, but the country remains vulnerable due to the lack of a vaccination program and isolation. Key View We at Fitch Solutions expect North Korea to grow by 1.0% in […]
Fraser Property Limited’s CEO has signed an office leasing contract with Baker McKenzie, making them the first in Thailand to sign a “Green Lease” emphasizing sustainability. Baker McKenzie plans to create a green office space with energy and water efficiency, waste reduction, and eco-friendly materials. Fraser Property Limited’s CEO, Mr. Panote Sirivadhanabhakdi, has signed an […]
Thailand’s Board of Investment (BOI) has approved investment promotion applications worth 41 billion baht (USD1.1 billion) for projects including electric vehicles, renewable energy, data centers, and travel infrastructure. Bangkok BOI Approves Investment Applications Worth $1.1 Billion The Thailand Board of Investment (BOI) has recently approved investment promotion applications worth a total of 41 billion baht […]
Indonesia’s fuel demand growth is predicted to decrease as the government looks to reduce reliance on fossil fuels. Efforts to cut fuel subsidies have led to slower growth rates in transport fuel demand. Factors such as biofuels, fuel substitution, and decarbonisation pose potential risks to Indonesia’s fuel consumption. Key View Indonesia’s long-term fuel demand growth […]
Jenkongklai Public Company Limited (JPARK), a parking space management service provider in Thailand, is now ready for trading on the Thai stock market after 20 years of experience. business30 Sept. 2023 23:28 Fully ready!..for new IPO stocks The first parking space management service provider on the Thai stock market Such as Jenkongklai Public Company Limited […]
Household spending growth will slow in 2023 due to macroeconomic challenges. Despite a recovery in retail sales and consumer confidence, high inflation and rising cost of living are causing consumers to cut back on non-essential spending. If inflation remains high, it will continue to impact consumer spending in 2024. Key View: Household spending growth will slow […]
Central Retail introduces CRC Immersive Retail Platform, the world’s first immersive retail platform that integrates offline, online, social media, live streaming, and the virtual world seamlessly, offering customers an unrivaled shopping experience. The platform includes features such as virtual store exploration, interactive AI avatars, and AR mode. The C-Verse application is the starting project for […]
