Tag: BMI

The RBI maintained interest rates at 6.50% in August 2024, forecasting 50bps cuts by FY2024/25 due to inflation concerns.

India's FY2024/25 budget sees a 12.9% healthcare increase, focusing on system enhancement and domestic production of medical devices.

In August 2024, Tuan Sing opened Indonesia's largest outlet mall, The Grand Outlet-East, in collaboration with Mitsubishi Estate Group.

Japan's tourist arrivals are expected to recover to 2019 levels by 2024, driven by increased marketing and easing entry barriers, despite overtourism risks.

Thailand's tourist arrivals are forecasted to grow 28.3% in 2024 but remain below pre-pandemic levels, achieving full recovery by 2025.

Vietnam has lifted the 49% foreign ownership cap in data centres, aiming to attract global investments despite GPU access challenges.

Vietnam plans to double alcohol excise taxes by 2030 to boost revenue, but market impact may be limited as consumption matures.

Sri Lanka's economy grew 5.3% in Q1 2024, expected to slow to 4.0% for the year, driven by tourism growth.