SINGAPORE: Grab, Southeast Asia’s largest ride-hailing app, is kicking off a new digital wallet service in Singapore as it stakes a claim to the region’s burgeoning mobile payments sector. Starting Wednesday, Grab will enable its 4 million users in the city-state to scan a quick response, or QR, code to pay for local dishes such […]
Read MoreThailand ranked 26th in the World Bank’s 2018 Ease of Doing Business report, a surge of 20 ranks on the previous rating and beating the movement of its peers in Asean. Thailand was placed 46th in the 2017 report. In the latest report, Thailand scores 77.44 points compared with 72.53 a year earlier. It stands […]
Read MoreHANOI — Vietnam’s retail sector is forecast to be stable in the coming years, attracting investment from many foreign enterprises thank to its large population, brighter economic outlook and greater purchasing power. This was announced by experts participating in a survey of Vietnam Report Company (VNR), released in Hanoi on Tuesday. Another study by HSBC, titled “ASEAN Connected 2016”, […]
Read MoreStrong consumer spending will benefit the mass grocery retail market but value-added services such as online shopping are not expected to gain much ground given logistics and infrastructure hurdles, a research firm said. “Growing consumer spending on food and non-alcoholic drinks, an urbanizing population and the majority of households falling in the low-income bracket will […]
Read MoreEconomic growth in the third quarter could expand by 4% year-on-year propelled by robust export growth, with year-end festivities expected to shore up further growth prospects in the remaining months, says the Bank of Thailand. “Thailand’s economic growth has improved based on strong export growth of 9.1% in the first nine months, with an all-time […]
Read MoreTEMPO.CO, Jakarta – Global power management company Eaton offers to accommodate Indonesia’s emerging data center and energy storage resources industry. Eaton will make Indonesia as one of its priority countries for solutions. The company plans to implement its newest technologies in Indonesia, including managing the data center of the future. This step is in line with the government’s ambition […]
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