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Insights
16-May-19 Japanese department store Takashimaya is looking to expand overseas, with a focus on Southeast Asia. Its CEO hinted at opening stores in Indonesia, Malaysia and the Philippines. Takashimaya opened a store in the IconSiam development in Bangkok late 2018. [image: Takashimaya]
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Insights
16-May-19 The Bangko Sentral ng Pilipinas reported a 6.6% increase in remittances sent by overseas Filipino workers in March 2019 over 2018. The growth pushed actual dollar inflow to the country to USD2.5 bn during that month alone. [image: Business Mirror]
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Insights
13-May-19 Lazada has extended its edge as the most popular e-commerce platform in Southeast Asia despite a decline in visits in the first quarter of 2019. The Alibaba-backed company scored the highest monthly users in Malaysia, Philippines, Thailand and Singapore. [image: SCMP]
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Insights
02-May-19 Foreign remittances to Asian countries hit USD300 bn for the first time in 2018, underscoring the ever-rising importance of overseas employment for the region. Major recipients such as Pakistan and the Philippines have GDPs only slightly bigger than that. [image: World Bank staff estimates, World Development Indicators, IMF Balance of Payments Statistics / Asia Times]
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Insights
22-Mar-19 In countries where more than half the workforce have upper secondary education there is a strong positive relationship between capital investment and productivity. Seven countries with well educated populations and low fixed capital per worker are investing above average in fixed capital, and therefore look to be opportunity markets. Conversely there are eight countries which have a good standard of education but are not investing enough to fully leverage it in future. [image: Global Demographics Ltd]
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