Vietnam Economic Forecast 2021
The Vietnam Economic Forecast 2021 summarizes key economic and social developments over the past year. It also presents findings on the evolution of policy reforms, external/global conditions, and financial-market dynamics from world-recognized financial institutions and multinational professional services authorities, assessing their implications for the country’s medium-term economic outlook. Vietnam was one of the most resilient economies in […]
Mobile Vaccination Service Brings the Vaccines Closer to the People
To help speed up Thailand’s vaccination progress, Bangkok (the country’s capital) launched a bus service that aims to reach the more vulnerable communities such as the elderly. This adds a convenience factor to getting vaccinated, which is critical for those who cannot leave their homes due to age, physical well-being, and location among other reasons.
Delta Virus Continues to Spread in Singapore
Despite having high vaccination rates, Singapore continues to experience an increase in Covid-19 cases mostly due to the new Delta variant. Weekly cases have been increasing, reaching 1,325 cases in the last seven days from just 723 in the previous week. More than the rise in numbers, Singapore is also worried about “the rate at […]
Strong Economic Growth Amid the Pandemic Attracts Foreign Investors
The Vietnam market continues to defy the different challenges that the pandemic has imposed on the global economy. This can be seen in the steady support from foreign investors which garnered 97.4% of last year’s record and in the rise of foreign investment projects which saw an increase of 6.8% compared to last year. The […]
Asia-Pacific plays a big role in the Medical Device Outsourcing Market
With the expected increase in the number of patients for certain disorders along with the persistence of the pandemic, the global medical device outsourcing market is predicted to grow at a value of $83.95 billion by 2023 at a compound annual growth rate (CAGR) of 9.5% from 2017 to 2023. International medical device establishments usually […]
Bangladesh versus Vietnam in becoming a top contender in Japan’s ICT Market
Bangladesh is eyeing to challenge Vietnam’s reputation of being ranked highest in terms of global outsourcing software services, making it a top choice for Japanese companies looking for outsourced development services. Bangladesh is slowly living up to the same status as Vietnam regarding engineering quality and skills while also arguably having more to offer when it comes to more advanced […]
Thailand Economic Forecast 2021
The Thailand Economic Forecast 2021 summarizes key economic and social developments over the past year. It also presents findings on the evolution of policy reforms, external/global conditions, and financial-market dynamics from world-recognized financial institutions and multinational professional services authorities, assessing their implications for the country’s medium-term economic outlook. Successive waves of COVID-19 disrupted the Thai economy […]
PE-VC Investments in India Drop by $2BN in August
From $9.1 billion worth of private equity and venture capital investments over 126 deals in July, India experienced a significant decrease to $7.1 billion across 112 deals in August. Around 17% of the total investments for August are accounted for by Barings Private Equity Asia acquiring the healthcare services of Hinduja Global Solutions, the BPO arm of Hinduja Group.
Granular lockdowns considered as alternative for handling COVID-19 surges
The Philippines continuous to struggle to contain and lessen COVID-19 cases from the new Delta variant. Province or city-wide quarantine restrictions have been set in place in the past as an attempt to do so, but this time the government is looking at granular lockdowns instead where restrictions are limited to a smaller location such as a […]
Philippines expected to obtain two hyperscalers in 2021
As the outsourcing capital of the world experiencing a continuous rise in the digital economy, the next step for the Philippines is to get hyperscalers to further support the country’s economic growth with emphasis on digital. The Department of Trade and Industry-Board of Investments (DTI-BOI) together with the Department of Energy (DOE) and the Department of Information and Communications Technology (DICT) partners with top Philippine private companies, PLDT […]
