Thailand’s e-commerce market can expect to account for 25% of total retail sales by 2025, rising from below 5% now, say executives in the sector, driven by fierce competition among e- commerce operators and the shifting of consumer behaviour towards online shopping. The local e-commerce market is expected to be valued at US$51 billion by […]
Read MoreThe Vietnam-China border gate in Quang Ninh was overloaded when thousands of Chinese holidaymakers flocked to the Vietnamese province home to the famed Ha Long Bay to spend the weekend. The Mong Cai border gate, the main entrance for Chinese tourists to the northern Vietnamese province, normally receives 8,000 to 10,000 entries a day, up […]
Read MoreThe government is confident that attractive tax incentives will drive spending in research and development(R&D) by private companies in Food Innopolis and create hundreds of jobs. Kitipong Promwong, the secretary-general at the National Science Technology and Innovation Policy Office, forecast 1.5 billion baht will be invested by private companies in Food Innopolis this year, creating […]
Read MoreKUALA LUMPUR: Malaysia’s A3 government bond rating and stable outlook suggests a resilient economy against structural fiscal challenges posed by the trend deterioration in revenue, as well as signs of weakening institutional strength, according to Moody’s Investors Service. “We expect robust gross domestic product (GDP) growth of 4.3% on average in 2017-2018 and continued current […]
Read MoreKT: How does FASMEC plan to help promote SMEs? Mr. Taing Por: In order to liaise with SMEs, FASMEC will open branches in 25 provinces nationwide in May. This will enable investors to be matched with provincial business partners. We will be focusing on SMEs in the agriculture and handicraft sectors. We don’t want to […]
Read MoreSingapore remains first among cities in Asia for quality of living, with its infrastructure securing top spot worldwide, according to the human resources consulting firm Mercer. But great disparities in the quality of living still persist on the continent as indicated by the vast disparity in rankings between cities in developed and developing countries, the […]
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