BANGKOK: Thailand’s central bank is fretting over how to cool the world-beating surge in the baht just as the US keeps a watchful eye out for signs of unfair currency policies. Bank of Thailand officials intensified verbal intervention in the past week, with senior director Don Nakornthab saying on Wednesday the “worried” monetary authority is […]
Read MoreThe market share of online grocery sales in Southeast Asia is expected to remain small despite these markets seeing some of the fastest growth according to international researcher IGD Asia. Its latest forecasts puts online sales generated by Asia by 2023 at US$2,264 billion, which is almost the same as Europe and North America combined. […]
Read MoreMANILA, Philippines — The government has collected P5.9 billion in rice tariffs since the liberalization of rice imports in March, according to the Department of Finance. Citing preliminary data from the Bureau of Customs (BOC), the DOF said the private sector has imported 1.43 million metric tons (MMT) of rice since the implementation of the […]
Read MoreThe Lao Ministry of Energy and Mines is trying to cut electricity prices so that power is affordable for local residents and businesses. Many consumers in Laos have been complaining about their escalating electricity bills. The tariff is high when compared to neighboring countries, Lao Minister for Energy and Mines Khammany Inthirath, acknowledged at the […]
Read MoreThe Hanoitimes – The previous decision to stop purchasing products from local suppliers was owing to a change in the strategy of development of the soft-line concept with a shift towards products for higher customer segments. Central Group Vietnam, the owner of retail chain Big C Vietnam, has promised to resume the purchase of soft-line products […]
Read MoreAs part of its effort to create a sustainable business while taking the environment into consideration, Fast Retailing on Friday announced its plan to eliminate the use of unnecessary plastic throughout its supply chain. It will also reduce the amount of single-use plastic handed to customers at its Group stores worldwide, such as shopping bags […]
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