SINGAPORE: Southeast Asia’s internet economy is expected to exceed $240 billion by 2025, a joint study by Google and Temasek Holdings showed, a fifth more than previously estimated, as more consumers use their smartphones to go online. The study, first published in 2016, encompasses ride-hailing, e-commerce, online travel and online media. The latest report released on Monday adds new sectors such as […]
Read MoreTHE BOARD of Investment (BoI) maintains its Bt300 billion total investment target in the Eastern Economic Corridor (EEC) by the year-end and is releasing new investment packages to woo investors. In the first nine months of this year, Bt230.55 billion has been invested in the EEC, showing an increase of up to 117 per cent […]
Read MoreThird-quarter economic growth surprised, with a flat reading from the previous quarter, the weakest since the first quarter of 2014 when the economy shrank 0.4%, as exports and tourism cooled. The National Economic and Social Development Board (NESDB) reported Monday that the country’s GDP showed no growth in the third quarter from the second, on a seasonally […]
Read MoreTechnology companies Google, Cisco Systems, Lazada, Microsoft, SEA Ltd, GrabTaxi, and PT Tokopedia plan to train some 20 million people in small and medium enterprises (SMEs) across Asean to develop their digital skills by 2020. The pledge to train the people is part of World Economic Forum (WEF)’s Digital Asean initiative, the forum said in […]
Read MoreData from the Council for the Development of Cambodia (CDC) show that it approved a total of 41 investment projects worth more than $1 billion from September until mid-November. The approved projects include hotels, garment factories, electrical appliance factories, cosmetics, furniture, beverage, pharmaceutical, plywood manufacturing plants, power plants and agro-industrial crops. The projects are mostly […]
Read MoreThe Hanoitimes – Thanks to this policy, the number of foreign visitors to Vietnam has been growing fast over the past three years. Vietnam’s National Assembly on November 20 decided to extend the implementation of a pilot scheme to issue electronic visa (e-visa) for foreigners entering Vietnam for another two years starting February 1, 2019, in […]
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