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Thailand: RS dives into commerce, retail sector

RS yesterday announced its new vision, following a full-stream migration to the commerce and retail business sector. The company is confident that the new business model will bring in a new high in profits, with the plan to expand its business in CLMV countries (Cambodia, Laos, Myanmar, and Vietnam) starting from next year.  RS has […]

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Malaysia: No cash no problem

KUALA LUMPUR: More Malaysians are migrating to e-wallet cashless transactions but one big beneficiary in digital payments and becoming a cashless society is the stamping out of corruption. “When we talk about cashless system, an important benefit is that it can help cut down corruption, and I am sure corruption is much reduced in China, […]

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Cambodia: Ministry rejects salt society’s dissolution

The Ministry of Industry and Handicraft on Tuesday rejected the Salt Producers Community of Kampot-Kep’s (SPCKK’s) proposal to dissolve, saying it needed more time to figure out the issues facing the industry, its spokesman Oum Sotha said. The decision was made during a meeting on Monday between the minister, Cham Prasidh, and relevant parties in […]

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Thailand: Cross-business collaboration key to survival

Will your business still exist in three years? That’s probably the biggest question for top executives worldwide as a new research shows nearly four out of top-ten market leaders today will likely be displaced due to significant technology disruption. The research was conducted by Digital Vortex, a book published by Digital Business Transformation (DBT) Centre, […]

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Indonesia: Businesses seek lower tax rate to improve competitiveness

Representatives of two business associations have called on the government to lower the rate of corporate income tax so they can manufacture products that can compete in the global market. They claim that the 25 percent tax rate means Indonesian products cannot compete in the global market because neighboring countries have lowered the income tax rate. Chairman of the Association of […]

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