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Malaysia: Fun-filled e-commerce boosts consumption

ON Nov 6, 2018, Chen Weijie, 30, an online celebrity based in Meizhou village, Guangdong province, South China, sold 160 million yuan’s (RM95mil) worth of products during an eight-hour live-streaming session on Kuaishou, a short video platform. The marathon online sale was almost non-stop, except for short breaks to drink water or answer calls of […]

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Mekong countries agree to strengthen tourism cooperation

Greater Mekong Subregion (GMS) countries have agreed to boost tourism cooperation, including improving infrastructure and marketing techniques and developing human resources. During the 44th GMS Tourism Working Group Meeting, held last week in Siem Reap, the six countries that form GMS signed an agreement to strengthen cooperation in tourism and attract more tourists to each […]

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Singapore tech to increase national tax revenue

The General Department of Taxation (GDT) is sourcing for an advanced IT system in Singapore to modernise the Kingdom’s tax system and improve its collection process and efficiency. GDT director-general Kong Vibol led a delegation on a three-day learning visit from November 27 to 29 in Singapore and toured the country’s data management centre Starhub […]

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Cambodia-Vietnam market to boost trade

Cambodia and Vietnam plan to launch “Da Market” in Tbong Khmum province along their border later this month. The Ministry of Commerce will cooperate with Vietnam’s Ministry of Industry and Commerce to jointly organise the Cambodia-Vietnam Trade Fair 2019, which runs from December 24 to 26. In July 2017, officials signed a memorandum of understanding […]

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Thailand: Baht concerns abound

More than two decades ago, the baht suffered heavy devaluation as a result of speculation, forcing Thailand’s central bank to de-link the local currency from the US dollar and adopt a managed floating exchange rate. Fast-forward to the present and the baht’s value has become a challenge for the trade-reliant economy. This time the local […]

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