Online marketplaces are expected to compete intensely the rest of the year amid the economic slowdown, with new campaigns and tools rolled out to attract both sellers and buyers. Lazada Thailand recently announced a plan to introduce its own online supermarket, called LazMart. The company decided to make Thailand its first market in Southeast Asia. […]
Read MoreSINGAPORE’S central bank will not move outside its usual schedule to change its monetary policy, chief economist Edward Robinson confirmed in a briefing early on Tuesday. Despite the latest downgrade to Singapore’s full-year economic forecast, Mr Robinson – who is also deputy managing director of economic policy at the Monetary Authority of Singapore (MAS) – […]
Read MoreMANILA, Philippines — Local raw sugar production slightly declined last month to 2.07 million metric tons, but still within the target set by the Sugar Regulatory Administration. While local sugar supply has met industry targets, it has not improved from year-ago levels. Sugar crop year starts every September and ends in August. Ending inventory stock […]
Read MoreThe total outstanding balance of consumer credit in Cambodia continued to steadily increase, reaching $7.16 billion by the end of June – a 6.8 per cent increase from the first quarter – according to a Credit Bureau Cambodia (CBC) report released last week. The number of consumer loan accounts increased by 5.03 per cent quarter-on-quarter, […]
Read MoreSMALL and medium-sized companies with high revenue growth in the period between 2015-2018 currently have the chance to apply for inclusion in the ranking Malaysia’s Growth Champions. The ranking will be published in The Star later in the year. Additionally, all participating companies will be considered for the cross-border ranking High Growth Companies Asia-Pacific, to be […]
Read MoreSINGAPORE: Singapore’s central bank is raising its guard against money launderers increasingly using onshore shell companies to mask their transactions, a senior official said. Valerie Tay, who heads the anti-money laundering department at the Monetary Authority of Singapore (MAS) said banks had closed accounts of several onshore shell companies over the past year, after detecting […]
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