The Hanoitimes – VECOM predicted with the growth rate of 2019 and 2020 remaining at 30%, by 2020 the market size would reach US$13 billion. Vietnam’s e-commerce market size currently ranks second in Southeast Asia with 40 million online shoppers, only behind Indonesia, according to Lai Viet Anh, deputy head of Vietnam E-commerce and Digital Economy […]
Read MoreThe sluggish economy and lack of consumer confidence continues to cause subdued media spending, with year-to-date ad expenses dropping 2% from the same period a year earlier, says researcher Media Intelligence Co (MI). “The local media industry will continue to decline because of the economic slowdown, while consumers are not willing to spend,” said Pawat […]
Read MoreCambodia’s footwear sector will provide more opportunities for investment and production than the garment sector due to significant growth over the last five years, said an International Labour Organisation (ILO) research bulletin on Cambodia’s garment, textile, and footwear (GTF) industry. The bulletin said the footwear sector has grown more rapidly than the garment sector in […]
Read MoreThe Bank of Thailand is considering relaxing the loan-to-value (LTV) regulations governing mortgage lending by refraining from requiring co-signers. The central bank has considered a raft of proposals from property developers to ease the LTV requirements, with an end to the co-signer rule likely the only one to change, said Ronadol Numnonda, deputy governor for […]
Read MoreKUALA LUMPUR: S&P Global Ratings believes the economic risk in Thailand remains high on a global comparison due to its low per capita GDP despite its diversified economy. In its report entitled “Banking industry country risk Assessment: Thailand” issued on Monday, it pointed out the slower credit growth in the past couple of years amid […]
Read MoreFive European business groups in Yangon have signed a statement urging the Myanmar authorities to restore internet access in Rakhine and Chin states. The statement warns of the “possible reputational impact in the international community and view of Myanmar as a responsible investment destination” being wrought by the internet-shutdown. It says the internet blackout negatively […]
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