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Thailand: E-commerce players eye new income, profitability

Major e-commerce operators plan to ratchet up efforts to explore more revenue sources in 2020, including lending services, following years of huge spending on promotion campaigns without turning a profit, said a former president of the Thai E-Commerce Association. “This year, JSL [JD Central, Shopee, Lazada] aim to make more revenue, as they have spent […]

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Obstacles to Myanmar’s growth in 2020

The ASEAN Post recently published an article on whether 2020 will be a good year for Myanmar’s economy. That article noted that the ASEAN +3 Macroeconomic Research Office (AMRO) had given Myanmar’s economy a positive outlook for the fiscal year of 2019 to 2020; expecting it to expand by 7.1 percent up from 6.8 percent […]

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Vietnam to select quality foreign investment

HANOI (Viet Nam News/ANN) – Vietnam is earmarking environmentally friendly, high tech investment to best serve the sustainable growth of the country. The message was delivered by Minister of Planning and Investment Nguyen Chi Dung at the Vietnam Business Forum (VBF) in Hanoi last Friday. Appreciating the contributions made by foreign direct investment (FDI), he […]

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Laos Clarifies Business Requirements for Vehicle Industry

Laos has promulgated a new prime ministerial decree clarifying the import and export of vehicles, dealerships, and assembly plants as different types of business. According to the new decree, a company that wants to operate all three types of business must obtain three separate operating licences from the commerce ministry. In the past, some companies […]

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Asean growth “should improve” in 2020: HSBC

Asean should see further growth in 2020, thanks to a surge in public infrastructure spending and a relatively stable private consumption, though enacting key reforms this year is critical to boosting potential this decade, said HSBC. “The region is about to embark on a new investment cycle, led by a planned surge in public infrastructure […]

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Cambodian passport still among the least travel-friendly

The Cambodian passport remains to be the among the least travel-friendly travel documents in the world. The Henley Passport Index released by Henley & Partners two days ago ranked Cambodia 88th globally. Henley & Partners is a London-based global citizenship and residency advisory firm.  The previous survey released by the same firm a few months […]

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