Isis in southeast asia

At 5.2 percent it was behind only the Philippines (8.7 percent), and the global average was only 3.4 percent. Nielsen said Vietnam’s retail landscape is undergoing a change because of rising consumer demand for frequent shopping trips for everyday needs. "We’ve been seeing solid growth in the convenience and mini-market channels across Southeast Asia for some time now, but over the past year or so that growth has really hit fever pitch," Vaughan Ryan, Nielsen’s managing director, Southeast Asia, said. Data released by Nielsen showed that Vietnamese shoppers made 4.5 trips a month to convenience stores last year, three times the number in 2010. "Consumers throughout the region are living increasingly fast-paced lives, and this lifestyle shift is driving increasing demand for on-the-go offerings," Ryan added. Local retailers are seeking to take advantage of the trend. Conglomerate Vingroup last week launched the first virtual store chain in the country, which allows … [Read more...] about Vietnam FMCG sales growth second fastest in Southeast Asia

Chart showing growth in Southeast Asia. ICEAW predicts that economic growth across the region will slow from 5.1 per cent in 2018 to 4.5 per cent in 2019 and remain unchanged in 2020. — Photo Courtesy ICEAW Viet Nam is an exception which has benefited from some trade diversion effects caused by the trade war, according to the Institute of Chartered Accountants in England and Wales’ latest Economic Update: South-East Asia report. Nonetheless, ICAEW added, momentum in Viet Nam was expected to ease to 6.6 per cent in 2020 from 7 per cent in 2019, given weaker Chinese import demand and increased trade protectionism. Export-oriented economies had been the most impacted by the ongoing trade tensions, with Singapore only narrowly avoiding a technical recession in the third quarter. Economic growth across the region was expected to slow from 5.1 per cent in 2018 to 4.5 per cent in 2019 and remain unchanged in 2020 amid high risks of a re-escalation in trade tensions. Regional … [Read more...] about Southeast Asia GDP growth hit by trade war: report

Philippine authorities were on the lookout on Monday for a Malaysian who could be the new leader of pro-Islamic State groups in Southeast Asia, security chiefs said, following the deaths of several high-profile regional extremists. The army terminated combat operations in southern Marawi two weeks ago after killing what it believed were the last remnants of a rebel alliance that held parts of the lakeside city for five months. Following the country's biggest security crisis in decades, troops have made significant gains in the week since they killed Isnilon Hapilon, a leader of the Abu Sayyaf group and anointed "emir" of Islamic State in Southeast Asia. His assumed deputy, Malaysian Mahmud Ahmad, was also believe killed, as was Omarkhayan Maute, a top operative in the alliance. "We are still looking for Amin Baco," Defence Secretary Delfin Lorenzana said, describing the Malaysian as the likely new "successor as the emir of those terrorists". More than 1,100 people - mostly militants - … [Read more...] about Philippines hunts for possible new Islamic State ’emir’ in South East Asia

The country scored an average of 61.5 points, above than the world average of 61, according to the 2019 Global Competitiveness Index 4.0 report released Tuesday by the World Economic Forum (WEF). The report compared 141 countries and territories around the world based on 103 key indicators grouped in 12 pillars, including institutions, infrastructure, adoption of information and communication technology (ICT), macroeconomic stability, labor market, financial system and market size. However, despite the substantial improvement in this year’s ranking, Vietnam remained far behind its Southeast Asian neighbors like Singapore (1st), Malaysia (27th), Thailand (40th), Indonesia (50th) and the Philippines (64th). In Southeast Asia, Vietnam only stood above Cambodia (106th) and Laos (113th). The report also said Vietnam scored highest in the factors of health (81 points, ranked 71st), macro-economic stability (75 points, 64th) and market size (72 points, 26th). The country’s … [Read more...] about Vietnam jumps highest in global competitive ranking

It slipped one place despite improving its overall score from 68.36 points last year to 69.8 this year, according to the World Bank's Ease of Doing Business 2020 report released Thursday. The report ranks 190 economies around the world based on 10 criteria: starting a business; dealing with construction permits; getting electricity; registering property; getting credit; protecting minority investors; paying taxes; trading across borders; enforcing contracts; and resolving insolvency. This year, Vietnam fared better than several Southeast Asian peers like Indonesia (73rd), the Philippines (95th), Cambodia (144th), Laos (154th) and Myanmar (165th). In Southeast Asia, Vietnam was ranked fifth after Singapore (2nd), Malaysia (12th), Thaialnd (21st) and Brunei (66th). Vietnam has been striving to improve its business environment in recent years. The most significant improvement was made in paying taxes, which jumped 22 places from last year to 109th this year thanks to upgrading the … [Read more...] about Vietnam slips one place in ease of doing business ranking