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Standard Chartered has increased its projection for Vietnam’s economic growth in 2026 to 9.5%, a considerable increase from its previous estimate of 7.2%. This revision comes on the heels of Vietnam’s robust economic performance in the first half of the year,…
The Cambodian Government has revised its economic growth expectation for 2026, dropping it from an earlier prediction of 5% to a more conservative 4.2%. Prime Minister Hun Manet, in the recently published medium-term fiscal framework for 2027-2029, cited a…
In an effort to reassure shareholders of its sustainability as a standalone entity, Commerzbank has unveiled a strategic plan that includes significant job reductions and lofty profit goals. The blueprint, which was shared last Friday, anticipates a layoff of…
Hong Kong’s robust economic performance earlier this year has culminated in an improved financial forecast from HSBC, despite minimal influence from the Middle East conflict. Bright Economic Outlook and Impacts of Conflict HSBC’s Global Investment Research…
Shopify, the renowned Canadian e-commerce platform, has projected a positive outlook for its quarterly revenue. This forecast comes amidst no apparent reduction in consumer demand and the impressive resilience of merchants on the platform despite prevailing…
South Korea’s mobile service revenue is on an upward trajectory, poised to increase at a compound annual growth rate (CAGR) of 2.5%. This rise will see revenues escalate from USD 21.6 billion in 2024 to USD 24.5 billion by 2029, according to the latest report…
Apple on Thursday said parts shortages are easing and that demand for iPhones is unceasing despite consumers tightening other spending, helping it top Wall Street expectations and forecast faster sales growth ahead. The Silicon Valley giant’s shares rose 3.5%…
Nissan tripled its full-year net profit forecast on Tuesday as it rebounded from the impact of the pandemic with a strong quarterly performance, saying it expected to withstand challenges including the global chip crunch and rising raw material prices. The…
Popular weather app Dark Sky made a huge announcement, and the forecast for Android users doesn’t look good. The company revealed that it has been acquired by Apple, causing some major changes for users in the near future. Dark Sky, which describes itself as…
2019 is shaping up to be a ‘gap year’ for Australian retail, according to Deloitte’s latest Retail Forecast for the year ahead. Retail turnover is expected to slip from 2.2 per cent during 2018 to a more modest 1.6 per cent, before lifting back up to 2.2 per…
Southeast Asia’s online retail market is expected to reach US$53 billion in the next five years, according to a recent analysis by Forrester Consulting. The report anticipated a compound annual growth rate (CAGR) for the industry of 23 per cent over the…
RAM Ratings, which expects inflation to inch up to 0.3% in December 2018 from 0.2% in the previous month, has revised its full-year headline inflation forecast for 2019 to 2.0% from 2.7%. The rating agency said in a statement that inflation in December 2018…
Vietnam’s economic growth is expected to slow down this year though it will remain a regional outperformer, according to leading global analysts. Fitch Solutions, an arm of Fitch Ratings, said in a report released Wednesday it expects Vietnam’s GDP growth to…
Telenor Pakistan, continuing its efforts to transform the Pakistani agriculture sector which is the primary source of livelihood for millions of Pakistani households, has partnered with LMKT, an IBM partner, to provide farmers across the country with…
While some Asian country economies may be slowing down, the health of the online retail markets across the continent is booming. According to a recent report from Forrester, total eCommerce revenue for China, Japan, South Korea, India and Australia is…
The Singapore Tourism Board (STB) is forecasting a 0-2% rise in the range of S$22bn to $22.4bn ($15.6bn to $15.9bn) in tourism receipts in 2016 and international visitor arrivals in the range of 15.2m to 15.7m (0 – 3%). This follows what the STB describes as…
