Shop.com.mm, the Myanmar arm of China’s largest e-commerce company Alibaba Group, generated sales of over US$90,000 (K143 million)in the first hour of its first-ever Singles Day online sale on November 11. The occasion, also known as 11.11, is the biggest shopping event in China. Shop which is the largest online shopping platform in Myanmar, received more […]
Read MoreBANKERS here are hopeful that more foreign issuers will be making a beeline for the local debt market, in light of some major deals recently. They say that foreign issuers are finding the Singapore dollar (SGD) market efficient and stable, relative to the bigger – but more volatile – US/Euro dollar markets. Clifford Lee, DBS […]
Read MoreThe Hanoitimes – However, if China joins the CPTPP, Vietnam and the rest of the CPTPP countries will face fierce competition because China is the top ranked global textile exporter in both volume and value. Special tax preferential commitments under new-generation free trade agreements (FTA) will offer Vietnam huge opportunities to boost its textile and garment […]
Read MoreThe Federation of Thai Industries (FTI) has increased its projection for the country’s automotive output in 2018 after recording huge growth in domestic sales. On Tuesday, the FTI’s automotive industry club announced the 2018 projection for car production at 2.1 million units, up by 5.59% from 2017. The local market has driven the higher output, with 1 […]
Read MoreThe government has suspended construction of some sections of the light rapid transit (LRT) and the Jakarta-Bandung high-speed railway to ease worsening traffic on the Jakarta-Cikampek toll road, but it allows work on the elevated toll road to continue. “We will demand the postponement of [work on] the LRT and high-speed railway projects at Kilometers […]
Read MoreKUALA LUMPUR: The ringgit retreated from Monday’s gains to open lower this morning against the US dollar, as the stronger greenback curbed demand for the local unit, dealers said. At 9.00am, the ringgit stood at 4.1950/2000 versus the US dollar from 4.1870/1920 recorded at 6 pm on Monday. The market was closed yesterday for the […]
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Thailand
