The Vietnamese retailer will modernize Vietnam’s grocery market and develop an unparalleled consumer proposition from assortment to shopping experience. A consortium led by Chinese-e-commerce giant Alibaba Group and Hong Kong-based Baring Private Equity Asia (BPEA) will acquire a 5.5% stake in The CrownX, Masan Group’s subsidiary for a total investment of US$400 million. The deal […]
Read MoreThe Budget Bureau has proposed that the government increase the investment funds to be incorporated into the budget bill for the next fiscal year in order to meet the requirements of the current fiscal discipline law. Dechapiwat Na Songkhla, the Budget Bureau’s director, said on Tuesday the bureau has suggested that at least 76 billion […]
Read MoreKUALA LUMPUR, May 19 — Maintaining a competitive edge in the contemporary world of retail is a constant challenge. Ever-changing strategies are needed just to stay on the beat. The most apparent change to retail is increased digitalisation. From major household names and brands to mom-and-pop shops, everyone is taking the initiative to set up […]
Read MoreMANILA, Philippines — Japanese investment bank Nomura expects a 5.1 percent increase in remittances from overseas Filipino workers (OFWs) this year with the reopening of economies in host countries amid the continued rollout of COVID-19 vaccines. Euben Paracuelles, chief economist for Southeast Asia at Nomura, said the projected growth in remittances reflects low base effects […]
Read MoreThe Vietnamese government will support boosting the application of new payment methods to achieve the digital transformation goals of the banking industry. At least half of the total Vietnamese adult people will use e-payment services and at least 70% of total transactions will be made via digital channels by 2025. It is one of the […]
Read MoreIt is timely to review how the detailed COVID vaccination efforts is going on in the world. The data I use is based on the comprehensive daily compilations reported in the New York Times website on the day I received my second shot of the Sinovac vaccine in Quezon City. Update as of May 14. Countries […]
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Thailand
