Posts Tagged ‘Southeast Asia’

Fujifilm Philippines Inc. launches Instax Mini 8, their latest product of the series Instax instant film cameras that offer credit card sized photo prints right after taking it. The camera is available in five colors such as white, black, pink, blue and yellow.

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Asiasoft Online Pte Ltd, Southeast Asia’s leading online gaming publisher, announced the opening of its new Philippines office as part of its expansion strategies to reach out to gamers in the region. (more…)

During the Asian financial crisis of the late 1990s, Indonesia and the Philippines were bailed out by the International Monetary Fund. This year, they showed the world how far they’ve come from those dark days by pledging a billion dollars each to replenish the IMF’s kitty.

With rapidly growing economies and rising incomes, the two countries are home to a large and young labor force, an expanding middle class and have stable, elected governments with policies inspiring investor confidence. They also have sturdy banks and enough foreign-exchange reserves — more than a year’s imports in the Philippines’s case — to rebuff a misguided run on their currencies. See: Banks in Indonesia and the Philippines flourish.
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