Vietnam News/ANN: Vietnamese garment and textile enterprises are losing their competitiveness due to high costs of logistics services for exports, experts have said. According to statistics from the Viet Nam Textile and Apparel Association (Vitas), textile and garment export value last year reached US$31 billion, an increase of 19.2 per cent compared to 2016. Of the $31 billion […]
Read MoreOver-the-top (OTT) services contribute as much as 36 billion baht and 30,000 jobs to Thailand’s economy, a new report says. The report was conducted by Thammasat University’s Consulting Networking and Coaching Center (CONC Thammasat) and the Asia Internet Coalition (AIC), an industry association for internet policy in Asia. OTT services are described as any application or […]
Read MoreTHE lacklustre rental market for both private and HDB properties dragged on for another month, going by data from real estate portal SRX on Wednesday. Rents for condominiums and private apartments in August dipped by 0.1 per cent from July, after being unchanged since May. This brings private rents back to year-ago levels, that is August 2017. Private property rents are also […]
Read MoreThe Hanoitimes – Foreign finance groups are eager to join Vietnam’s fruitful fintech market, which is still at early stage but is forecast to reach nearly US$8 billion in 2020 thanks to surging internet and smartphone penetration, burgeoning e-commerce sector and increasingly supportive regulatory environment. CEO of Lotte Card Kim Chang-kwon has recently said that with […]
Read MoreBy 2030, 72% of university graduates in Thailand could be either unemployed or working in a job that does not require a bachelor’s degree as their jobs will have been taken away by artificial intelligence (AI) and robots, according to Udom Kachinthorn, Deputy Minister of Education. “Thus, if Thai universities do not adapt and cannot build […]
Read MoreBank Indonesia is in the process of standardizing payments using QR codes by forming a special working group that includes representatives of payment service providers. BI sought industry input following its completion of the first phase of the standardization pilot test, according to PT Rintis Sejahtera executive vice president for marketing Hermawan Tjandra. Anthoni Morris, the […]
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