The direct-to-consumer model is expected to gather steam next year as a new approach for brands to reach customers directly without relying on retailers or the e-marketplace, says Songpol Shanmatkit, chief executive of SET-listed TV Direct, a home shopping operator. Mr Songpol said retail shops are burdened by rental space fees amid the sluggish economy. […]
Read MoreMANILA, Philippines — Filipinos spent more during 2019’s “11.11” shopping bonanza compared to the previous year, and they may shell out more cash on discounted items for the “12.12” sale amid robust demand ahead of Christmas day. Data compiled by online shopping aggregator iPrice Group showed that Filipino consumers spent an average of P1,217 on this […]
Read MoreSINGAPORE and Laos have inked an agreement to collaborate in the area of intellectual property (IP), allowing companies in both countries swifter access to a combined market of some 12.5 million people. A memorandum of cooperation was signed on Wednesday between Dr Khanlasy Keobounphanh, director general of the Department of IP (DIP) at the Ministry of Science […]
Read MoreThailand is in the pole position for social commerce in the world, says price-comparing website Priceza, and local merchants should drive towards unique and value-added products to stay competitive in the market. The country’s e-commerce market is expected to continue flourishing, driven by subsidised prices offered by giant e-marketplaces. “Thailand’s e-commerce will continue to grow […]
Read MorePresident Joko “Jokowi” Widodo has officially issued a regulation that streamlines all business licensing toward the Investment Coordinating Board (BKPM) and grants the agency the authority to review policies deemed as unfavorable for investors. Presidential Instruction (Inpres) No. 7/2019 on the acceleration of ease of doing business (EODB) was signed on Nov. 22 and became […]
Read MoreThe Hanoitimes – Vietnam’s fintech firms secured two of the top three largest funding deals in ASEAN in 2019. Vietnam came second in terms of funding attraction in ASEAN this year, accounting for 36% of the total, significantly up from just 0.4% in 2018, according to a report on Fintech in ASEAN conducted by United Overseas […]
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