Asia
Finance sector urged to turn to flexible workspaces for rental savings
Finance sector urged to turn to flexible workspaces for rental savings
Real estate costs accounted for up to 14% of the sector’s aggregate operating costs.
China's economic loss from Typhoon Lekima estimated at $10b
At least 149,000 homes and 1.1 million hectares of cropland were damaged or destroyed.
APAC airline traffic growth slows to six-year low in July
Load factor of 82.6% was below the global average of 85.7%.
Venture capital funds in ASEAN raised $500m in H1 2019
However, buyout-backed dealmaking slowed to 20 deals worth $400m so far.
Coal to account for 67.8% of Indonesia's energy mix by 2022
It poses a problem on the government's renewables push.
China's housing prices rise fastest despite global slowdown in Q2
This is the sixth consecutive quarter of slowing price growth.
Online retail sales in China grew 36% in July
E-commerce platform Alibaba delivered triple-digit growth in revenue.
South Korea's car production to grow 2.9% by end-2019
The trade dispute with Japan may be pushing consumers to buy local.
China's economic growth to slow to 4.6% over the next decade
The country’s productivity growth is expected to face headwinds.
Offshore bonds issued by Chinese property developers plunged to $1.6b in August
About $3.7b are set to mature for the remainder of the year.
Rate cuts fail to rev up Indonesian car sales
Year-end vehicle sales is unlikely to reach 1.1 million-unit target.
Asia's global depository receipts hit US$8.1b in H1
It accounted for 78% of the global capital raised during the period.
Asia Pacific's MICE revenue hit $229b in 2018
The region had the fastest growing MICE segment, accounting for 28.4% of global revenue.
Malaysia building sector to contract temporarily in 2019
However, the sector will grow in the long term as more projects achieve completion.
Japan GDP growth to slow to 0.5% in 2019
The looming implementation of consumption tax hike will weigh on economic growth.
Indonesian textile companies take hit as China shifts focus to SEA
Fiercer competition looms as the influx of Chinese goods may depress prices.
Thailand GDP growth slows to 2.3% in Q2
Declining exports weighed heavily on economic growth.
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