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Malaysia is Asia’s second-largest cocoa producer

PETALING JAYA: The Malaysian Cocoa Board deputy director-general (operations) Dr Ramle Kasin said Malaysia remained the second-largest cocoa producer in Asia. He said the export revenue from cocoa beans and products amounted to RM4.59bil for the period from January to September 2020, down 3.9% from RM4.77bil in the same period last year. Nevertheless, the export […]

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Philippines: Delivery service booming amid pandemic

MANILA, Philippines — Delivery service companies in the country have been riding high since the onset of the pandemic, expanding their services and operations to meet the growing demand of customers and businesses. Companies like Grab, Lalamove and J&T Express have seen their brands turn into household names as they became the go-to partners of […]

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E-wallet providers fighting for survival in Vietnam

The growth of e-wallets may be good news for Vietnam’s cash economy, but fierce competition among e-wallet providers may result in a ‘survival of the fittest’ situation. Top finance experts from RMIT University share their views. What’s the competition currently in the e-wallet market? Pham Nguyen Anh Huy: We are witnessing fierce competition among e-wallet […]

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Thailand: Hospitals and hotels grab onto panacea

Opportunity is presenting itself in a time of crisis for hoteliers and hospital owners, with the term “wellness” an important connecting piece within a collapsed jigsaw. Local hospital operators and real estate developers are gradually expanding their footprints to capture a lucrative opportunity, tapping into the wellness fad. According to the Global Wellness Institute, the […]

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Philippines: Firms seen expanding, hiring more workers

MANILA, Philippines — Businesses have revived plans to pursue expansion programs and hire more workers next year in anticipation of a strong economic rebound from the pandemic-induced recession, according to the Bangko Sentral ng Pilipinas (BSP). Redentor Paolo Alegre, director of the BSP’s Department of Economic Statistics, said the result of the latest Business Expectation […]

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