Local businesses should embark on business-to-business (B2B) e-commerce to ride the wave of the flourishing segment, expected to surge to US$20.9 trillion in sales globally by 2027, says DHL Express, a major international express service provider. “Local businesses urgently need to gear up for B2B e-commerce adoption within 1-2 years to keep up with the […]
Read MoreVietnam remains world’s 12th largest exporter of electronic products and the third in ASEAN. While electronics make up a significant proportion in Vietnam’s total exports, up to 95% of the turnover of such products are in the hands of foreign-invested enterprises. The Department of Industry under the Ministry of Industry and Trade (MoIT) revealed the […]
Read MoreIndonesia’s Commodity Futures Trade Regulatory Agency (Bappebti) is considering a plan to tax cryptocurrency transactions amid rising public interest in the digital asset, especially in the past year. According to the agency, which falls under the trade ministry, the government is expected to impose a type of final income tax (PPh Final) on transactions using […]
Read MoreConstruction of a new container terminal of Sihanoukville Autonomous Port has been delayed to early next year due to slower-than-planned layout design, according to the management. Japan International Cooperation Agency (JICA) is to provide an Official Development Assistance (ODA) loan for the first phase of the new terminal to the tune of 23,502,000,000 yen ($218 […]
Read MoreShopping malls and retail stores have been asked to stock up on necessary goods to meet consumer demand as the third Covid-19 outbreak remains volatile, according to the Department of Internal Trade. It also asked operators of online food delivery platforms, which are expected to receive more purchase orders, not to increase their service prices. […]
Read MoreMANILA, Philippines — The Philippines has lost momentum in recovering from the pandemic due to the reimposition of movement restrictions and must now accelerate economic activities to catch up with regional counterparts, a think tank said yesterday. In a research briefing, UK-based Oxford Economics said the Philippines faces downside risks in growth expectations for the […]
Read More
Thailand
