Latest Insights
Government incentivization aims to promote India’s EV industry
The recent announcement by India’s Goods and Services Council (GST) regarding the reduction of tax rates on electric vehicles (EVs), will take effect on 1 August 2019. Reductions will see rates moving from 12 per cent to 5 per cent on EVs and from 18 per cent to 5 per cent on EV chargers, reinforcing…
Status of cashless payments in Vietnam
Vietnam’s burgeoning economy grew more than analysts had expected in Q1 2019, with the General Statistics Office reporting gross domestic product (GDP) to have expanded at 6.8% YoY, according to UOB Global Economics & Markets Research. Whilst this figure was below the 7.3% increase seen in Q4 2018, it was above the Bloomberg median forecast…
Why Southeast Asia is poised to lead the next wave of growth in the EV industry
South East Asia or ASEAN has a dynamic motor vehicle industry with five major “producers” – Indonesia, Thailand, Malaysia, the Philippines and Vietnam accounting for over 4 million units in product. We take a look at the insights into the region’s electric vehicle (EV) market from Nissan’s white paper, The Future of Electric Vehicles in…
Trends in the Regional Remittance Market
Regional Remittance Trends The remittance market plays a significant role in supporting people in developing countries across the world while also contributing significantly to their GDPs. Dependent on expats living remotely from their families and homeland, Research and Markets reports that the global remittance market is booming at a lucrative CAGR over the years, with…
Key drivers of the eCommerce market in Indonesia
According to tradingeconomics.com, 2018 saw Indonesia’s economy increasing 5.17 per cent, up 0.1 per cent on the 2017 growth figure of 5.07, marking the country’s fastest growth rate since 2013. The archipelago nation is the largest economy in Southeast Asia and one of the fastest growing economies in the world, with the economy focusing on…
What makes the Philippines an attractive investment for PEs and VCs
According to the GIIN’s (Global Impact Investing Network) latest report on impact investing in the Southeast Asia, the Philippines is Southeast Asia’s second-largest impact investing market in terms of both the amount of impact capital disbursed and number of impact deals completed between 2007 and 2017. The inquirer.net organizes the report description of impact investors…