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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]
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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]
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Insights
29-May-19 Hitachi Transport System announced it will roll out a vehicle sharing service from Jun-19 in Thailand. This service is able to efficiently dispatch vehicles upon receiving delivery orders from shippers, thereby contributing to reductions in cost and delivery time. [image: Hitachi]
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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
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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