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SE-Asia’s Internet economy to hit US$50b in 2017

RIDEHAILING and e-commerce have in the last two years galvanised South-east Asia’s Internet economy, which will reach US$50 billion in 2017 and potentially exceed US$200 billion by 2025, according to a new report by Google and Temasek. The Google-Temasek e-Conomy SEA Spotlight 2017, released on Tuesday, found that all four sectors of the Internet economy […]

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Vietnam among top 6 most attractive retail markets

The Hanoitimes – At present, the revenue from wholesale and retail activities have contributed to 14% of Vietnam’s GDP, in which retail market is attracting high amount of foreign investment. On December 12, Vietnam Retail Association has held the conference Vietnam Retail 2017, which focused on the development of Vietnam’s retail market in the past 10 […]

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Philippines: Trade deficit widens 28% in October

MANILA, Philippines — The balance of trade swung to a higher 28 percent deficit in October as imports continued to outpace exports, the Philippine Statistics Authority (PSA) reported. Based on data from the PSA, total external trade in goods grew by 10.4 percent in October to $13.58 billion, from $12.30 billion registered in the previous […]

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