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E-commerce may boost Thailand SMEs’ income and reach

A SMALL Thai retailer who expands into online sales can boost takings by an average of 51 per cent a year, according to a new report released by an e-commerce platform provider. The shift into “e-tail” has also grown retailers’ customer bases beyond their home markets, especially for lower-income regional sellers based outside the capital […]

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Netflix contributed to Indonesia’s slow economic growth, BPS says. Here’s how

Online streaming services such as US-based Netflix and Malaysia-based Iflix are contributing to the country’s sluggish economic growth as investment in intellectual property comes under pressure, Statistics Indonesia (BPS) has warned. BPS balance and statistics analysis deputy head Sri Soelistyowati said that weakening investment growth of 4.21 percent in the third quarter, the lowest level […]

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Philippines: Debt-to-GDP ratiorises to 38% in Q1

MANILA, Philippines — The share of the consolidated general government (GG) debt to gross domestic product (GDP) rose to 38 percent in the first quarter from 36 percent as of end-2018, the Department of Finance (DOF) reported yesterday. According to data from the DOF, general government debt as of end-March amounted to P6.7 trillion, 7.1 […]

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Thailand: Disasters to hit rice output

Alternating drought conditions and flooding in northeastern Thailand are expected to cut paddy production in the region in the 2019-20 crop year by 488,000 tonnes. According to the latest report by the provincial extension offices in 20 provinces of the Northeast, paddy production from the 2019-20 main season is estimated at 12.7 million tonnes, compared […]

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