With communities spread across 17,000 islands, Indonesia seems like an unlikely place for online shopping to take off. Although cities like Jakarta are densely populated, a significant proportion of the population lives in rural areas like Kalimantan, where they make a living from coal and palm oil. But delivering to these areas is costly, and […]
Read MoreBANGKOK — There are two “friendship bridges” spanning the Tonle Sap river in the Cambodian capital of Phnom Penh. One is labeled the Cambodia-Japanese friendship bridge; the other is the Cambodia-China friendship bridge. Sitting almost side by side, the bridges are an unintended reflection of the rivalry between Japan and China, in Cambodia and across […]
Read MoreHANOI (AFP) – From socks and sneakers to washing machines and watches, Asian countries are hoping the United States (US)-China trade war will permanently boost manufacturing as brands dodge the row by choosing cheaper locations to make their goods. Business has fanned out from China, often referred to as the ‘Factory of the World’, into […]
Read MoreMALAYSIA is facing a talent crunch to support the rapid digitalisation of its banking and financial services, according to recruitment firm Hays. Many financial products and services have been introduced in the last few years, affecting everything from product development to contact centres and compliance departments, said Hays Malaysia senior manager for banking and financial […]
Read MoreAlthough Thailand managed to avoid a place on the US watch list for currency manipulation, the Bank of Thailand is still wary on the matter after the US Treasury tightened its criteria, says the central bank’s chief. Thailand cannot afford to be overconfident and the central bank will continue monitoring the situation, said governor Veerathai Santiprabhob. […]
Read MoreSINGAPORE – Thanks to the rising popularity of food delivery services and e-commerce, demand for food factories in Singapore is expected to stay healthy, even though the demand will likely lag behind supply in 2019-2020, said Tricia Song, head of research for Singapore at Colliers International. Her comments on Wednesday (May 29) accompany the commercial […]
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