The Asian Pulse

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    The Chartthaipattana Party is throwing its weight behind Prime Minister Prayut Chan-o-cha to continue running the country for the next 10 years, on the condition he helps boost people's incomes. Other political parties, however, have interpreted Chartthaipattana's move as playing it safe, saying the the party does not want to be seen as an opponent to anyone so it has the option to join the n
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    Declining growth revenue in the business process outsourcing (BPO) sector could drag down the country's economic growth over the next two years, according to Credit Suisse. Michael Wan, economist at Credit Suisse, said the decelerating revenue growth could subtract up to 0.3% from the country's gross domestic product (GDP) in 2018. Wan said the BPO slowdown would have a negative impact on t
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    While aging population in Asia will create emerging challenges, it will at the same time generate a growth cluster of new business opportunities, according to Deloitte. This will provide a target-rich environment of business opportunities, focused on a growth cluster targeting megatrends such as rising life expectancies, increasing relative health care costs, and tightening public sector budg
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    South Korea's exports grew at the fastest pace among the world's top 10 exporters, data by the World Trade Organization (WTO) showed 19 Sep 17, thanks to brisk sales of semiconductors and petrochemical products. Outbound shipments amounted to USD328bn in Jan-Jul 17, making South Korea the world's sixth-largest exporter, up 16.3% y/y, according to the WTO's monthly merchandise trade data. Ov
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    House of Representatives Speaker Setya Novanto, currently a graft suspect, will have to skip another questioning session at the Corruption Eradication Commission (KPK) as he has to undergo a medical check-up due to a deteriorating health condition. Golkar politician Nurul Arifin confirmed that Setya would undergo an examination for his heart at the Premier Hospital in Jatinegara, Jakarta. "
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    The Department of Finance (DOF) is targeting to submit to Congress the second package of its Comprehensive Tax Reform Program (CTRP) by Jan 18. Finance Secretary Carlos Dominguez said the DOF has moved the target submission of the second CTRP package from the 4Q17 to early 2018 as it concentrates first on its fight for the first tax reform bill in the Senate and the bicameral committee. Acc