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Garuda Indonesia records best OTP in Asia Pacific

Flag carrier Garuda Indonesia has recorded the best on time performance (OTP) in the Asia Pacific with 90.4 percent of its 15,000 flights in October landing on time, according to official airline guide Flight View. Its results in October surpassed its performance in September, when it recorded 90 percent OTP arrivals, making the big five […]

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ASEAN ministers sign agreement on e-commerce

ASEAN member countries agreed on Monday to a cooperation framework to support the development of the digital economy through e-commerce schemes. The agreement on e-commerce was signed by ASEAN trade ministers, including Trade Minister Enggartiasto Lukita. The signing took place amid the 33rd ASEAN Summit and other related summits that will take place in Singapore […]

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Thailand: Nov 11 sales see huge success

While Alibaba Group announced gross merchandise volume of 213.5 billion yuan (1.07 trillion baht) generated on Nov 11 worldwide this year, an increase of 27% from 2017, Lazada, its e-commerce subsidiary in Southeast Asia, recorded more than 20 million shoppers for the 11.11 sale.  LinkedIn Lazada Group reported the festival had over 20 million shoppers browsing, […]

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Commerce officials promoting Chinese investment in Asean

The Commerce Ministry wants to promote coordination of economic development between countries of the Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy (ACMECS) and China, aiming to attract more Chinese investment and a cushion against impact from the Sino-US trade row.  Commerce Minister Sontirat Sontijirawong said Thailand proposed the cooperation to Chinese economic officials to enhance multilateral linkages and […]

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Thailand: Govt to open one-stop fishery centres

The Labour Ministry will open special one-stop registration centres for fishery workers from neighbouring countries between Dec 3 and Jan 31.  The centres will also enable migrant workers who had previously registered but failed to renew their permits to re-register to legitimately work in the country, said Labour Minister Adul Sangsingkeo.  “Migrant workers who register […]

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Vietnam among 18 outperforming emerging economies

The Hanoitimes – Emerging economies have accounted for almost two-thirds of the world’s GDP growth and more than half of new consumption over the past 15 years yet, as individual countries, their economic performance varies substantially. Vietnam has been classified among the best performing emerging economies, according to a new McKinsey Global Institute (MGI) report. The […]

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