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Retailers suffer as Indonesians choose travel over shopping

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 Insights

07-Feb-18 Following in the footsteps of Debenhams, Clarks and Gap are counting their last days in Indonesia, following sales declines of 50% from 2015. However, while household consumption continues to decline, domestic airline passengers in 2017 grew 11% from 2015. [image:Wataru Suzuki / Nikkei Asian Review]

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Singapore leads ASEAN in e-commerce use

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 Insights

31-Jan-18 E-commerce in Singapore comprises 5% of total retail. However, the number is lower in other ASEAN countries: 3% in Indonesia, nearly 2% in Malaysia and Thailand, and 1% in Vietnam and the Philippines. [image: Credit Suisse / Singapore Business Review]

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The rise of QR code payments in ASEAN

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 Insights

15-Jan-18 ASEAN nations are widely expected to adopt QR systems as a leading method of payment. However, they still a long way from emulating China and Japan’s adoption of the codes, as they lack standardisation and acceptance by banks. [image: ASEAN Today]

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