KUALA LUMPUR: A RM60 million e-Commerce Regional Distribution Centre is being established in Sepang, Selangor, via a collaboration between Pos Malaysia Bhd and Lazada (M) Sdn Bhd. The companies signed a Memorandum of Collaboration (MoC) on Thursday for this purpose. Pos Malaysia Group Chief Executive Officer Datuk Mohd Shukrie Mohd Salleh said the centre, to […]
Read MoreConsumer confidence surged for a fifth straight month in April to the highest level in 25 months, driven by stronger exports, rising farm prices and growing tourism. The University of the Thai Chamber of Commerce (UTCC) reported yesterday that the consumer confidence index rose to 77 points last month from 76.8 points in March and […]
Read More[JAKARTA] Indonesia’s annual economic growth picked up slightly in the first quarter, supported by higher prices for some of the nation’s export commodities, statistics bureau data showed on Friday. South-east Asia’s largest economy grew 5.01 per cent on an annual basis in January-March, data from the bureau showed, above the fourth quarter’s 4.94 per cent […]
Read MoreA NEW report has given an upbeat reading of Asean’s prospects: investment interest in the region in the next five years will be high, as will be infrastructure spending on regional transport connectivity, energy security and digital connectivity. The report by EY, “Rediscover Asean: A growth story of 10 countries”, projected that 87 per cent […]
Read MoreSINGAPORE will pursue tangible results for Asean in the areas of digital economy and facilitating trade when it takes over chairmanship of the regional bloc next year. It wants to harmonise regional trade rules that govern e-commerce, and also work on specific measures to facilitate exports. These plans were cited on Thursday by Trade Minister […]
Read MoreAfter years of delays and setbacks, the Cambodian firm set to operate the Kingdom’s landmark oil refinery finally broke ground yesterday on a $1.62 billion project with an updated completion date set for the middle of 2019. The oil refinery, which will be built on 365 hectares across Kampot and Sihanoukville provinces, was first expected […]
Read More
Thailand
