With large-scale industries reluctant to invest in the border special economic zones (SEZs), Deputy Prime Minister Somkid Jatusripitak has assigned government agencies to come up with more measures and incentives to draw investment from small and medium-sized enterprises (SMEs). Mr Somkid said the Board of Investment (BoI), the Industry Ministry and the National Economic and […]
Read MoreSoutheast Asia’s e-commerce market is well on its way to exceeding Google’s prediction of hitting US$200 billion in value by 2025, with e-commerce players such as Lazada, Shopee, and Tokopedia expanding their efforts in the region to meet ever-growing customer demands. E-commerce growth in Southeast Asia is driven by a high mobile internet penetration rate, young consumers […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is likely to slash interest rates two to three more times this year on the back of the continued inflation downtrend as well as slower economic growth. Chidu Narayanan, economist at Standard Chartered Bank, said the BSP would likely reduce interest rates by another 75 basis […]
Read MoreJAKARTA: When Harijanto needed more workers to make Nike and Adidas sneakers at one of its factories outside the Indonesian capital Jakarta, he couldn’t make the numbers work. Faced with one of world’s most generous payout packages for fired workers and having to navigate a complex minimum wage system, Harijanto said he couldn’t employ the […]
Read MoreGuide Direk, the Kingdom’s first tour guide booking app, was launched by local travel agency Matong Co Ltd on Friday to assist tour guides in finding more clients, the agency’s CEO Khim Maland said. Maland, who is also the app’s executive director, said during its launch that it will allow both domestic and international tourists […]
Read MoreTEMPO.CO, Jakarta – On July 8th, Mitsubishi Motors Corporation (MMC) has announced its partnership with Indonesian startup company GoJek. MMC Chairman Osamu Masuko on Wednesday said that the automotive company is looking forward to the partnership that conforms to the company’s views on future development. “Future challenges will surely get more difficult. We need a partner to work with […]
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Thailand
