Consumption king for Indonesia’s new middle class

A new sophisticated new class has emerged in Indonesia and some are already cashing in. It’s early afternoon at Jakarta’s Kemang Village shopping mall and despite the monsoonal heat the country’s new consumer class are sitting in outdoor lounges drinking coffee, smoking cigarettes and taking selfies. To soupy pop songs they are doing their best to be noticed and in doing

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Hong Kong budget 2019 offers boost for businesses looking abroad for new markets amid US-China trade war

Finance chief says recent changes in global environment have affected local businesses, particularly small and medium-sized ones So he will pump an extra HK$1 billion into a matching fund to help them boost their brands and upgrade products for export Businesses in Hong Kong will get more money and access to extra overseas markets under a programme intended to boost their

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