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Vietnam mobile e-commerce to value $10.2 billion by 2023

E-wallets in Vietnam have strongly benefited from the change in payment habits during the Covid-19 pandemic. Vietnam’s mobile e-commerce is rapidly growing with an estimated value of US$10.2 billion by 2023, according to 2021 Vietnam Mobile Application Report, conducted by the market research company Appota. The report revealed that mobile e-commerce is showing dramatic growth as […]

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Singapore: Lockdown may be better than current ‘zombie’ situation: SGTUFF

RETAIL tenant group Singapore Tenants United For Fairness (SGTUFF) on Monday said that it may be better for the public and businesses if Singapore enters another partial lockdown, that is, another ‘circuit breaker’,  instead of having the government progressively tighten measures to curb the resurgence of Covid-19. The group noted that under the tightened movement restrictions, […]

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Men’s cosmetics taking off in Asia

Covid-19 has dealt a blow to the US$500-billion cosmetics industry as fewer people feel the need to dress up while stuck at home. Men’s cosmetics, however, is an outlier with sales surging since the pandemic began — in part due to men wanting to look presentable for the now-ubiquitous Zoom calls. As life begins to […]

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Philippines: Building resumption a boon to Eagle Cement in Q1

MANILA, Philippines — Listed cement manufacturer Eagle Cement Corp. recorded a double-digit earnings growth in the first quarter, as construction activities picked up after pandemic restrictions were eased. What’s new Eagle Cement registered profits of P1.7 billion in the first 3 months of the year, up 44% year-on-year, financial results obtained by Philstar.com showed. It was the company’s […]

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