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With Huawei’s help, 5G in Cambodia rolling out as planned

Cambodia’s major telecommunications companies are developing its 5G network as planned with the help of Chinese firm Huawei, sources familiar with the matter told Khmer Times this week. Using Chinese technology provided by Huawei, Metfone, Cellcard and Smart Axiata are preparing their 5G networks, sources said on Tuesday. Metfone, a subsidiary of Vietnam’s Viettel Group, is using […]

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Thailand: Cash handout plan draws few hotels

Hoteliers have shown little interest in the tourism cash handout scheme, citing the low value of the giveaway and the complexity of the process. As of Monday, 13,000 operators were signed up to the scheme. About 70% were shop and restaurant operators. Supawan Tanomkieatipume, president of the Thai Hotels Association (THA), said a key stumbling […]

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Thailand: Local e-commerce players ramp up price war

Thailand’s e-commerce price wars are intensifying as online retailers sacrifice margins by cutting product prices and offering discounts while reducing subsidies on shipping to ease losses. Lazada, the e-commerce arm under China-based Alibaba, said Thailand ranks third in mobile shopping on its platform behind China and Indonesia. Lazada Thailand is also considering opening its first […]

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Malaysia among top 10 in cross-border capital for commercial property investments in Asia-Pacific

KUALA LUMPUR: Malaysia saw an 18% year-on-year increase in cross-border capital for commercial property investments in the first quarter (Q1) of 2019, placing it in the top 10 countries in Asia Pacific, according to independent global property consultancy Knight Frank’s 2019 edition of its flagship report, Active Capital. Knight Frank Malaysia executive director of capital markets […]

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