Insights
03-Oct-19 Southeast Asia’s Internet economy will reach USD100 bn in 2019, up 39 percent from USD72 bn last year. While Malaysia, the Philippines, Singapore and Thailand are expanding at 20-30 percent, growth in Indonesia and Vietnam is over 40 percent. [image: bennymarty/123RF]
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Insights
13-Sep-19 Malaysia's Hong Leong Financial and PE firm TPG will acquire Columbia Asia Hospitals in Southeast Asia for USD1.2 bn. They will own Columbia's 17 hospitals in Malaysia, Indonesia and Vietnam, but not its 11 hospitals in India. [image: New Traits Times]
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Insights
25-Aug-19 The medical tourism scene in Malaysia is booming. In 2018, 1.2 mn people visited Malaysia for medical treatment. Within Malaysia, Penang is the top medical tourism destination, with 45% of the country's medical tourism income, USD165 mn in 2017. [image: Tho Xin Yi]
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Insights
02-Aug-19 A Sino-US trade war could tilt the world towards a global recession. Manufacturing activity contracted in China in June and July 2019. In Southeast Asia, Indonesia registered a contraction, but others benefited as trade flows move away from China. [image: Business World]
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Insights
02-Aug-19 ASEAN foreign ministers have declared their governments' rejection of illegal transboundary movement of hazardous chemicals, much of which is shipped to Southeast Asia from developed countries. They also mentioned the need to enhance cooperation with the international community. [image: Ministry of Environment Cambodia]
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