The Vietnamese tech company will develop smart cars, homes and cities in the coming time. VinSmart, a subsidiary of the conglomerate Vingroup, will stop developing its business unit of televisions (TVs) and smartphones with the brand name of Vsmart for the Vietnamese market. The business unit no longer brings breakthrough or create differentiated value for […]
Read MoreMore than 400 Thai companies are considering investing and doing business in Cambodia when the situation of the Covid-19 crisis eases, according to Cambodian ambassador to Thailand Ouk Sorphorn. Sorphorn on May 7 virtually met with the Thai Subcontracting Promotion Association (Thai Subcon), a group of more than 400 firms he described as “innovative and […]
Read MoreA study on consumer payment attitudes by Visa showed nearly half of all Thai consumers (45 per cent) were likely to avoid using cash after the Covid-19 pandemic ends. The study also delves into which activities Thai consumers are looking forward to spending on when recovery is underway. The top three activities are: travelling within […]
Read MoreMANILA, Philippines — Barcelona-based think tank FocusEconomics raised its 2021 inflation forecast for the Philippines to 3.9 percent from the original target of 3.4 percent. This is the second time the think tank raised its inflation forecast after jacking up its projection from 3.1 percent in February. Alexandros Petropoulos, junior economist at FocusEconomics, said the […]
Read MoreThe proposal will hurt the interest of consumers and eliminate competition in the aviation industry. The recent proposal of the national flag carrier to set floor prices for air tickets will affect the tourism industry which is struggling to recover, local experts said. In Vietnam Airlines’ proposal to the Civil Aviation Authority of Vietnam (CAAV), […]
Read MoreSINGAPORE – Singapore has ratified the Regional Comprehensive Economic Partnership (RCEP) and deposited its ratification instrument, becoming the first participating country to complete the official process. All 10 Asean members and key partners Australia, China, Japan, New Zealand and South Korea signed the trade pact, the world’s largest, at the 4th RCEP Summit last November. Trade and […]
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