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Thailand: MBK wades into booming e-commerce marketplace

SET-listed MBK Plc is making a foray into e-commerce to increase the group’s competitiveness in retail, hotels and lifestyle business. The group this year established MBK Digital, a wholly-owned subsidiary, to operate its e-commerce business. Yotsan Srisuchat, managing director of MBK Digital, said the company in August launched a new website, MBKgo.com, offering an online […]

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Vietnam needs to make efforts to improve FDI quality

The Hanoitimes – Vietnam attracted 24,397 foreign direct investment (FDI) projects worth 312.9 billion USD from 128 countries and territories in the first 10 months of this year. However, experts said that the projects’ influence on the economy is still modest, necessitating a change in mindset to lure investment. FDI has been poured into 18 out […]

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World Bank: More Philippine firms report unfilled vacancies as demand for ‘soft skills’ rises

MANILA, Philippines — More Philippine companies have reported inadequate workforce due to lack of qualified candidates, according to a World Bank report that also shows rising demand for workers with enough soft skills despite significant progress in expanding access to education. The number of Philippine firms with many unfilled vacancies climbed to 30 percent between […]

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Singapore raises 2017 economic growth forecast

SINGAPORE: Singapore raised its economic growth forecast for this year and sees global growth underpinning that momentum into 2018, with some moderation. Gross domestic product rose 5.2% from a year earlier, the fastest pace in more than three years, versus a median estimate of 5%. Compared to the previous quarter, GDP rose a seasonally adjusted […]

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M&A in Vietnam – Attractive investment channel

The Hanoitimes – Mergers & Acquisitions (M&A) activities in Vietnam has become an attractive investment channel for enterprises planning to expand business activities, as well as looking for new way of doing business. Recently, the scale of M&A activities has become bigger with positive impact from the global integration process. According to the Director of Vietnam […]

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Thailand: Export strength continues

Exports rose for an eighth straight month in October, bringing the total for the first 10 months to a slightly higher level than expected and raising hopes that full-year growth could approach 10%, says the Commerce Ministry. Exports totalled US$20.1 billion (657.97 billion baht) in October, up 13.1% year-on-year, while the 10-month figure reached $195.5 […]

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