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Southeast Asia’s rising wealth

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 Insights

18-Dec-18 Southeast Asia is coming into its own as a key market for anything from cars to computers. But tens of millions still have no bank account. Demand for savings plans, insurance and banking still has lots of room to grow. [image: HSBC]

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Police bust USD145 mn medical tourism scam in China

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 Insights

06-Dec-18 Police in China have arrested 132 people over a medical tourism scam targeting wealthy Chinese that netted nearly USD145 mn. Research firm Global Growth Markets estimates 500,000 Chinese travel abroad for medical tourism every year, spending at least USD10 bn. [image: Chinanews.cn]

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BASF buoyant on Thailand prospects

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26-Nov-18 Thailand will remain a hub for ASEAN, especially Cambodia, Laos, Myanmar and Vietnam, said Ramkumar Dhruva, BASF President Asia-Pacific. "Automotive production in ASEAN is growing steadily, and 50 percent... is from Thailand... followed by Indonesia and Malaysia". [image: The Nation]

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30 years of change in the Thai retail market

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30-Oct-18 There are now 7.5 mn sqm of modern retail in Bangkok, including department stores, shopping centres, big box stores and other new formats. E-commerce accounts for less than 1 percent of total retail in Thailand but is growing rapidly. [image: Retail In Asia]

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SCG trims investment outlays as trade war dampens mood

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25-Oct-18 Siam Cement Group has reduced its investment budget amid the trade war between China and the US, CEO Roongrote Rangsiyopash said. He also acknowledged the potential for increased exports of chemicals, building materials and packaging to both countries. [image: The Nation]

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