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Philippines: Opportunities in pandemic, says CEO

MANILA: Jollibee Foods Corp, the largest Philippine restaurant operator, is looking toward foreign expansion and “opportunities” created by Covid-19 as it rebounds after historic losses induced by the pandemic. After a restructure amid last year’s setback, Jollibee CEO Ernesto Tanmantiong plans to open 450 restaurants around the world this year while looking for acquisitions that […]

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Vietnam car sales rises 21% in two-month period

The Hanoitimes – The sale figure in February, however, was on the decline for two consecutive months with a contraction of 22% against the previous month to 13,585 units. The number of cars sold in Vietnam in the first two months rose by 21% year-on-year to more than 40,000 units, which has been a reflective of […]

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World Bank: Malaysia to achieve high-income economy in 2024-2028

PETALING JAYA: Malaysia will achieve a high-income economy between 2024 and 2028, but needs to improve its competitiveness, inclusiveness, efficiency and increase women participation in the workforce, according to the World Bank’s flagship report, “Aiming High — Navigating the Next Stage of Malaysia’s Development” yesterday. In the report launched on Tuesday, it said Malaysia’s GNI […]

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Alibaba assists Vietnamese SMEs to access international markets

The Hanoitimes – The two sides will work together in three main fields, including exporting, developing Vietnamese trademarks, and enhancing the cross-border e-commerce capacities of Vietnamese businesses. The Vietnam Trade Promotion Agency (under the Vietnamese Ministry of Industry and Trade) and Chinese retailer Alibaba officially signed a Memorandum of Understanding on March 16 to assist Vietnamese […]

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