Asia

APAC leads global tourism growth by 8% in 1Q 2018

SEA and South Asia tourist arrivals rose 10% and 9%, respectively.

APAC leads global tourism growth by 8% in 1Q 2018

SEA and South Asia tourist arrivals rose 10% and 9%, respectively.

Workers' brain drain could lag Malaysian economy

It can create an equilibrium of low levels of workers and a large technological gap.

Six APAC cities amongst world's costliest for expats

Hong Kong is the world's most expensive city whilst Tokyo, Singapore, and Seoul also made it to the list.

APAC crowned as world's largest source of real estate capital

Capital outflows from China, Hong Kong, and Singapore that totalled US$71.9b secured APAC's top spot.

Thailand leads IoT learning in the ASEAN

32% of Thai enterprises have tried implementing digital transformations in at least one area of their businesses.

APAC office prices up 1.7% in 2018

Hong Kong prime offices are the world's most expensive at US$306.57 per sqft per annum.

China's looser rules on foreign investors to ease foreign bank entry

It will allow easier entry for insurance-related businesses.

APAC IPO value crashed 21% in the first half of 2018

Overall initial public offering (IPO) value in the Asia Pacific region fell 21% to US$31.9b in the first half of 2018.

Check out mobile wallet adoption across Asia

The value of non-cash transactions in China hit 50% in 2016.

Japan's trade deficit reached US$5.23b in May

There was a 20.7% YoY import increase in the energy sector.

Google to invest US$550m in Chinese e-commerce firm

JD.com will put up product sale through Google shopping.

South Korea's 1.50% inflation rate falls short of target

Sluggish employment is experienced in the country.

Asia beats Europe and America in private banking gains in 2017

Assets under management grew 15.2% which is almost double Europe’s 7.5%.

China next to US as largest foreign investment hub in 2017

Hongkong, Brazil, and Singapore came next with US$104b, US$63b, and US$62b worth of FDI, respectively.

Philippine inflation hits 5-year highs at 4.6% in May

The passage of the Tax Reform for Accelaration and Inclusion (TRAIN) law caused price surges in some commodities.

Abe's party election to spur market speculations in Japan

Trade frictions with US may also pose yen appreciation.