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Thailand: Lazada, Shopee lead the pack in e-commerce race

Giant online platforms Lazada and Shopee are riding high in Thailand’s e-commerce market, cashing in on the growth potential of Thai consumers’ shift towards digital-related activities. Krungthep Turakij newspaper reported that Lazada and Shopee have now gained a combined share of between 80 and 90 per cent of the e-market in Thailand. According to the […]

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Highlights of Vietnam’s economy in H1/2019

The Hanoitimes – Vietnam’s economy kept growing track in the first half this year with maintained GDP growth rate and stable CPI. Vietnam’s economy stayed strong in the first half (H1) of this year with robust retail turnover, record import-export turnover, high foreign direct investment (FDI), stable consumer price index (CPI), growing international arrivals, and a […]

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phil04
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Philippines: BSP sees inflation staying within target in July

MANILA, Philippines — Inflation likely stayed benign in July, the Bangko Sentral ng Pilipinas said Wednesday. In a statement, the BSP’s Department of Economic Research said it expects July inflation to settle within the 2%-2.8% range. The Philippine Statistics Authority will release the official July inflation data on August 6. “Lower rice and domestic LPG prices […]

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