SINGAPORE logistics firm YCH Group is joining forces with VIetnam’s T&T Group to lead the first project of the Asean Smart Logistics Network (ASLN). The ASLN is a new collaborative platform with a shared goal of smart and sustainable growth based on smart logistics infrastructure. Its aim is to support the Asean Connectivity Master Plan […]
Read MoreDespite Covid-19, online shopping in Vietnam has been growing steadily. Analysts believe that online sales will soar in the last months of the year. Reports show that even in the months with lowest growth rates, e-commerce turnover in Vietnam in 2020 was still higher than last year. Meanwhile, e-commerce platforms are expecting to see a […]
Read MoreDevelopers in Singapore sold 642 new private homes in October, 51.7 per cent lower than the 1,329 units sold in September. The decline came amid the authorities’ clampdown on Sept 28 on the re-issuing of options to purchase (OTPs) by developers, as well as a dearth of new project launches last month. On a year-on-year basis, […]
Read MoreBANGKOK: Thailand’s economy contracted less than expected in the third quarter, a sharp recovery from the prior quarter as domestic activity rebounded after coronavirus curbs were eased, leading the government to raise growth estimates for this year. Southeast Asia’s second-largest economy shrank 6.4% in July-September from a year earlier, official data from the state planning […]
Read MoreSINGAPORE, Nov 13 — The Covid-19 crisis and economic recession seemed to have little effect on how consumers here approached this year’s Singles’ Day shopping bonanza, which took place on Wednesday. Lazada Singapore said that its 11.11 online sales surpassed last year’s performance by 5pm on Wednesday. The shopping site was among the top three […]
Read MoreThe Tourism and Sports Ministry has called for a meeting with the country’s leading hotel executives to seek recovery solutions as it is planning a two-year revival plan dubbed “Thailand Tourism Year”. Phiphat Ratchakitprakarn, the tourism and sports minister, said the hospitality industry has been crippled by the pandemic. The ministry arranged a brainstorming session […]
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