SINGAPORE: Singaporean commodity trader Olam International said on Friday it will sell its sugar, rubber, wood products and fertiliser businesses and other assets to release $1.6 billion of cash to reinvest as part of a six-year strategic plan. The company plans to invest $3.5 billion in the period to 2024 in 12 prioritised businesses, including […]
Read MoreBangkok has maintained its position among the world’s 20 most dynamic cities, ranking 18th in the sixth City Momentum Index published by the property consultancy JLL. The index measures momentum for 131 commercially active cities by tracking a range of socio-economic and commercial real estate indicators over a three-year period to identify the urban economies and […]
Read MoreLast Tuesday I had the opportunity to hear the views of the top executives of some of the country’s leading tech disruptors on the current state of our preparedness to take full advantage of the benefits of the digital economy. This was a follow-up of the conference recently organized by the Carlos P. Romulo Foundation […]
Read MoreIndonesia’s ride hailing Go-Jek is examining whether to operate in Malaysia, co-founder Kevin Aluwi said. The firm, which has launched its services in Singapore, Vietnam, and Thailand in 2018, is examining whether to expand to Malaysia, Aluwi said. Ride-hailing services in Southeast Asia are expected to surge to almost $30 billion by 2025 from $7.7 billion in 2018, according to a Google-Temasek report. It is in […]
Read MoreKUALA LUMPUR: The International Trade and Industry Ministry (Miti) might be looking towards a reduction in excise duties for vehicles, which will, in turn, result in a reduction in car prices. While there may be less revenue for the government from a reduction in excise duties, this can be compensated by a larger sales volume. […]
Read MoreThe changing lifestyles and preferences of consumers are causing financial distress to many retailers that refuse to reinvent their stores. Traditional retailers are under intense pressure from the rapid transformation of the industry. Consumers want to maximise their shopping experience with minimal effort but maximum convenience. To meet such high expectations, big players are adopting strategies and […]
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