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Thailand: Local e-commerce players ramp up price war

Thailand’s e-commerce price wars are intensifying as online retailers sacrifice margins by cutting product prices and offering discounts while reducing subsidies on shipping to ease losses. Lazada, the e-commerce arm under China-based Alibaba, said Thailand ranks third in mobile shopping on its platform behind China and Indonesia. Lazada Thailand is also considering opening its first […]

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Malaysia among top 10 in cross-border capital for commercial property investments in Asia-Pacific

KUALA LUMPUR: Malaysia saw an 18% year-on-year increase in cross-border capital for commercial property investments in the first quarter (Q1) of 2019, placing it in the top 10 countries in Asia Pacific, according to independent global property consultancy Knight Frank’s 2019 edition of its flagship report, Active Capital. Knight Frank Malaysia executive director of capital markets […]

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Brunei’s economy declines in Q1 2019

IN THE first quarter of 2019, Brunei Darussalam’s gross domestic product (GDP) at current prices was valued at BND4.5 billion compared to BND4.4 billion in Q1 2018. The oil and gas sector was valued at BND2.7 billion accounting for 57.7 per cent of the total gross value added (GVA). This was stated in a media […]

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Malaysia: Long-term energy policy needed

KUALA LUMPUR: Malaysia needs a long-term energy policy to ensure the sustainability of supply and attract investments into the country. These were among the key points shared at yesterday’s energy roundtable, a public-private discussion on the future of Malaysia’s energy landscape organised by Petroliam Nasional Bhd (Petronas) in collaboration with the World Economic Forum. Petronas president […]

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Philippines: FDIs down 12% in April

MANILA, Philippines — Net inflows of foreign direct investments (FDI) slipped for the second straight month in April, but the Bangko Sentral ng Pilipnas (BSP) is confident of a strong recovery in the coming months to meet the new lower target of $9 billion for this year. The BSP reported yesterday net FDI inflows declined […]

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