Loading...

East and South Asia buoyant as other regions play catch-up

Image

 Insights

Jul-19 Stalled growth in emerging market economies is projected to pick up from a four-year low of 4.0 percent in 2019 to 4.6 percent in 2020-21, reflecting the waning impact of financial pressures in some large markets. Growth in all emerging regions has been weaker than expected but activity in East and South Asia remains buoyant. Other regions are expected to recover in 2020-21. Growth in both Latam and MENA is expected to be a subdued 1.7% in 2019, but MENA countries show more promise thanks to oil exports, policy reforms and tourism. [image: World Bank]

Read More

Tesco Thailand could open 750 new convenience stores

Image

 Insights

21-Jun-19 Tesco Thailand is opening up to 750 more convenience stores, which would be a 50% expansion. In light of its success in Thailand and Malaysia, the company is considering expansion in other Asian markets including South Korea and China. [image: The Thaiger]

Read More

Takashimaya eyes global expansion with Southeast Asia entries

Image

 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]

Read More
Share