KUALA LUMPUR: CIMB Equities Research is retaining its Neutral outlook on beverages while its top picks are Berjaya Food and Power Root. It said on Monday the implementation of levy on sugary ready-to-drink beverages in Malaysia will be delayed by three months to July 1, 2019 from April 1 previously. “Milk-based drinks with sugar content of less […]
Read MoreProperty developer Asset Wise Co will focus on developing condos priced lower than 2 million baht a unit as the new loan-to-value (LTV) limits weaken the purchasing power of some buyers. Chief executive Kromchet Vipanpong said some condo buyers will be required by the new lending curbs to make a higher down payment, making them […]
Read MoreSoutheast Asia’s booming economic growth and investment potential have thrown the region into the global eye as of late, in particular in the field of e-commerce. According to a recent report released by research firm, Forrester Analytics, the online-retail sector is expected to increase almost three-fold across six key nations, from $19 billion USD in 2018 to […]
Read MoreMany of Thailand’s most popular tourist and retiree destinations are becoming the most expensive places in Southeast Asia to settle down, being beaten by Malaysian and Indonesia counterparts. The cost of living survey was conducted by comparison site Numbeo. Comparing the region’s top 18 destinations, Numbeo lists Bangkok as the second most expensive city after Singapore. […]
Read MoreThe Hanoitimes – Grab did not violate Vietnamese regulation, as it was authorized by the Ministry of Transport to participate in the pilot program of applying technology in managing and connecting electronic contract-based passenger transportation. The head of the High-level People’s Procuracy in Ho Chi Minh City has rejected the law suit of local taxi firm […]
Read MoreThe Hanoitimes – In the race to gain market share in retail space, many people are worried about the inferiority of domestic investors before the progress of big players from Japan and Thailand. The market penetration race Total retail sales of goods and consumer services in 2018 increased by 12.2% compared to 2017. In fact, the […]
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