Troubled Myanmar readies to open for tourism
Investvine » Southeast Asia
by Arno Maierbrugger
1y ago
Seemingly irrespective of civil unrest, countless skirmishes between guerilla-style freedom fighters and the army, over 300 roadside bomb attacks since the February 1 coup, a defunct infrastructure and an economy on the brink of collapse, the ruling Myanmar junta announced The post Troubled Myanmar readies to open for tourism appeared first on Investvine ..read more
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Southeast Asian consumers spend $3.7 billion on bubble tea beverages annually
Investvine » Southeast Asia
by Arno Maierbrugger
1y ago
Bubble tea connoisseurs in Southeast Asia spend $3.66 billion a year on the beverage and its many variants, a new study jointly conducted by Singapore tech venture enabler Momentum Works and digital payments firm Qlub found. The largest market by The post Southeast Asian consumers spend $3.7 billion on bubble tea beverages annually appeared first on Investvine ..read more
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Southeast Asia’s tourism numbers catching up, but Thailand’s prospects questioned
Investvine » Southeast Asia
by Arno Maierbrugger
1y ago
With a recent relaxing of entry rules, most of Southeast Asia is reacting to the easing Covid-19 pandemic and reopening for travel, with airlines filling an increasing number of seats as holiday-starved masses arrange overseas vacations for the first time The post Southeast Asia’s tourism numbers catching up, but Thailand’s prospects questioned appeared first on Investvine ..read more
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Asia-Pacific’s tourism seen struggling to recover until 2024
Investvine » Southeast Asia
by Arno Maierbrugger
1y ago
Tourism in the Asia-Pacific region will take longer to recover from the adverse effects of the Covid-19 pandemic, the newly released “Travel-ready index 2022” by the Economist Intelligence Unit (EIU), the research and analysis division of UK media company Economist The post Asia-Pacific’s tourism seen struggling to recover until 2024 appeared first on Investvine ..read more
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More than half of Filipinos cannot afford Internet connections: “Internet Poor” study
Investvine » Southeast Asia
by Arno Maierbrugger
1y ago
The Philippines is leading in Southeast Asia for the number of so-called “Internet Poor,” which are people who cannot afford a minimum package of Internet for their personal use. This is the result of the latest Internet Poverty Index by The post More than half of Filipinos cannot afford Internet connections: “Internet Poor” study appeared first on Investvine ..read more
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Indonesia, Vietnam and Singapore are Wall Street’s darlings in Southeast Asia
Investvine » Southeast Asia
by Arno Maierbrugger
1y ago
US financial services majors Goldman Sachs and JPMorgan Asset Management have given business news channel CNBC their top picks for investments in Southeast Asia for 2022, and they were pointing at Indonesia, Vietnam and Singapore. Southeast Asia as a whole The post Indonesia, Vietnam and Singapore are Wall Street’s darlings in Southeast Asia appeared first on Investvine ..read more
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Covid-19 health crisis main driver of poverty, unemployment in Southeast Asia
Investvine » Southeast Asia
by Arno Maierbrugger
1y ago
The Covid-19 pandemic – or, as some say, rather government-imposed restrictions in response to it – has increased poverty and dealt a blow to the labour market in Southeast Asia, according to a new report by the Asian Development Bank The post Covid-19 health crisis main driver of poverty, unemployment in Southeast Asia appeared first on Investvine ..read more
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Russia-Ukraine war to derail Southeast Asia’s tourism recovery
Investvine » Southeast Asia
by Arno Maierbrugger
1y ago
Travel industry experts fear that Russia’s invasion of Ukraine could become a major road bump for the fragile recovery of tourism-dependent economies in Southeast Asia – just at a time when Covid-19 travel restrictions are beginning to be lifted across The post Russia-Ukraine war to derail Southeast Asia’s tourism recovery appeared first on Investvine ..read more
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Manufacturing, tourism situation in Southeast Asia improves as pandemic eases
Investvine » Southeast Asia
by Arno Maierbrugger
1y ago
Manufacturing activity in and tourism bookings to Southeast Asia both improved since the beginning of the year, two separate sets of data show. Thailand’s manufacturing purchasing managers’ index (PMI) rose to a record in February, while the Philippines rebounded to The post Manufacturing, tourism situation in Southeast Asia improves as pandemic eases appeared first on Investvine ..read more
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Indonesia to produce mRNA Covid-19 vaccines for Southeast Asia
Investvine » Southeast Asia
by Arno Maierbrugger
1y ago
Indonesia is set to start producing its own mRNA-based Covid-19 vaccines after the World Health Organisation (WHO) appointed the country as one of the beneficiaries of mRNA-based vaccine technology transfer from established pharmaceutical companies. This is widely seen as a The post Indonesia to produce mRNA Covid-19 vaccines for Southeast Asia appeared first on Investvine ..read more
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