Two years ago, Cambodia was amid a marketing makeover. The rapidly emerging southeast Asian nation was transitioning from a TV-centric media market to embracing the internet as the centre of its media and marketing universe. In parallel, brands were busy recasting their strategies for a mobile-savvy market where 60% of the population is under 30 […]
Read MoreMANILA, Philippines — Bank of the Philippine Islands (BPI) is not discounting the possibility of monetary adjustments in the coming months amid the continued weakening of the peso as well as the easing inflation. Aside from the foreign exchange movement and inflation, BPI lead economist Jun Neri also cited the pronouncements made by the US […]
Read MoreConsumer confidence dropped to a record low in June, dented by the country’s biggest coronavirus outbreak, a slow vaccine rollout and a sluggish economic recovery, a survey showed on Thursday. The consumer index of the University of the Thai Chamber of Commerce fell to 43.1 in June from 44.7 in May. Source: https://www.bangkokpost.com/business/2145547/consumer-confidence-hits-record-low
Read MoreThe upcoming bad debt exchange platform from Vietnam Asset Management Company is being viewed as a promising legal intermediary which can effectively deal with sour loans, as well as help lenders simplify procedures for collateral disputes while enhancing transparency. In late June the company (VAMC) announced that it will register a new branch to operate as […]
Read MoreAirAsia is aiming to use its strong network in Thailand to speed up the growth of Gojek in the country and put the loss-ridden service on the path towards profit within one year via upcountry expansion, starting with three key provinces in the fourth quarter. The group’s plan is to boost revenue from digital services […]
Read MoreThe Covid-19 pandemic has presented an unpleasant picture for new factory registrations, with a sharp decrease in new factories and facility expansions in the third quarter of 2021, according to the Department of Industrial Works (DIW). From October 2020 to June 2021, factory expansion projects decreased by 70.23% year-on-year to 209 factories while the number […]
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Thailand
