SEATTLE, WA - JUNE 16: An Amazon logo is seen inside the Amazon corporate headquarters on June 16, 2017 in Seattle, Washington. Amazon announced that it will buy Whole Foods Market, Inc. for over $13 billion.   David Ryder/Getty Images/AFP
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Can local e-commerce players compete in Southeast Asia?

Alibaba Group Holding Ltd recently announced that they will invest an additional US$2 billion into the Lazada Group. It is believed that this move by Alibaba is to counter Amazon’s plans of expanding its market to this region which has over 600 million potential customers. The American e-commerce giant officially launched a membership programme named […]

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Myanmar: Recommendations provided to raise investments in healthcare, tourism

Last week, the European Chamber, together with German development agency GIZ, presented research findings on the barriers to investment and investment promotion in Myanmar’s healthcare and tourism sectors. With the objective of enhancing the investment environment in Myanmar, the chamber conducted a detailed analysis of Public Private Partnerships (PPP) in the country and provided recommendations […]

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Indonesia: Consumer confidence strengthens in March

Consumer confidence rebounded 3.6 percent to 100.8 points in March from 97.3 in the previous month, according to a survey conducted by Danareksa Research Institute (DRI). DRI says the survey reveals that consumers had given more positive assessments on current economic conditions and the job market, while their concern about high foodstuff prices had fallen […]

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Empowering Malaysia’s micro-entrepreneurs to boost e-commerce

MALAYSIA Digital Economy Corporation (MDEC) celebrated the successful completion of 50 high potential eUsahawan participants, who were among the pioneer batch of a special training and coaching programme aimed at creating sustainable e-commerce businesses. A collaboration between MDEC and Cradle Fund Sdn Bhd’s Coach and Grow Programme, the eUsahawan Level Up programme is an extension […]

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THAI Smile adds extra flights for Songkran

THAI Smile Airways will offer an extra return flight per day on its Bangkok (Suvarnabhumi) to Chiang Mai route during the Songkran festival, according to a press statement. The additional flights will be available on April 10, 11, 12, 16 and 17, lifting the number of daily return services to six from the usual five. […]

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