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Thailand: Logistics set to see B200bn income loss

Despite thriving online shopping and express delivery services, Thailand’s overall logistics business is projected to see the first contraction in the history of the industry this year, with about 200 billion baht worth of revenue loss. Chumpol Saichuer, president of the Thai Transportation and Logistics Association, said Thailand’s logistics business has been hit hard by […]

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Brunei 44th most innovative among high income economies

Brunei Darussalam clinched top place in ease of getting credit and cost of redundancy dismissal in the pillar of Market Sophistication and Institutions in this year’s Global Innovation Index (GII) 2020 report. Regionally, Brunei Darussalam ranked 13th among 17 economies in Southeast Asia, East Asia and Oceania and 71st globally in the Global Innovation Index […]

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Malaysian SME traders, entrepreneurs urged to capitalise on ministry’s programme

SANDAKAN (BERNAMA) – Small and medium enterprise (SME) traders and entrepreneurs should seize the opportunity to market their products through the Product Transformation Programme undertaken by the Ministry of Domestic Trade and Consumer Affairs. Malaysian Deputy Minister of Domestic Trade and Consumer Affairs Datuk Rosol Wahid said the initiative was introduced to help SME traders and […]

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Social media tussle to hurt Thai firms?

While the government has scaled up efforts to clamp down on social media accounts it deems illegal over the past month, it encountered opposition not only from locals who believe the move is an attempt to cripple anti-government sentiment, but also from Facebook, which says the move would hamper free speech and human rights. The […]

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