Sinbad provides platform for retailers to order from manufacturers and distributors JAKARTA — Indonesian B2B commerce company Sinbad is set to close a funding round of about $15 million to $20 million as it seeks to bolster its position in the competitive supply chain business, DealStreetAsia has learned. Founded in 2018, Sinbad provides a platform […]
Read MoreFado is the first e-commerce platform in Vietnam to stop selling H&M products because the brand does not respect the country’s sovereignty E-commerce trading floor Fado.vn has stopped trading products from Swedish fashion retailer H&M (Hennes & Mauritz AB) after this brand published an illegal map of China-claimed nine-dash line on its website several days […]
Read MoreMANILA, Philippines — The slowdown in inflation last month is unlikely to be sustained as oil prices continue to go up even as food costs have eased, a global think tank said. In its latest data wrap, UK-based Pantheon Macroeconomics said it sees the lower March inflation as a temporary reprieve. Headline inflation, the rate […]
Read MoreKUALA LUMPUR (April 8): The recent dip in Malaysian bond yields presents an opportunity for issuers and corporates to ensure long-term debts are refinanced, said RHB chief economist Dr Sailesh Kumar Jha. This is as yields are expected to rise further, tracking higher US Treasury yields and in line with the anticipated market adjustments after […]
Read MoreThe International Monetary Fund (IMF) has forecast a 3.1 percent increase in Cambodia’s consumer prices for 2021 as the economy recovers from last year’s downturn. Its World Economic Outlook, which was released on Tuesday in Washington, includes a number of pertinent forecasts for the Kingdom. Among them are projections for consumer prices to rise by […]
Read MoreSINGAPORE, April 8 — Business sentiment among Singapore’s small — and medium-sized enterprises (SMEs) is at its highest since the start of the Covid-19 pandemic, as economic activities worldwide have largely resumed. With Singapore’s economy on the path of recovery, most SMEs are also looking beyond keeping their business afloat, and towards expansion and hiring. […]
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