Major e-commerce players Lazada, Shopee and JD Central saw significant growth in transactions at their 11.11 shopping festival this year, driven by new digital customers and heavy promotions to stimulate spending. Thailand saw nine million new digital customers since the start of the pandemic in 2020 to the first half of this year with 67% […]
Read MoreBusiness under Thailand’s 13 free-trade agreements (FTAs) has been expanding despite the Covid-19 crisis, its trading partners in Asean, China, Japan, South Korea, Hong Kong, Australia, New Zealand, India, Chile and Peru. In the first nine months of the year (January to September), the total trade value stood at US$253.21 billion (8.28 trillion baht), up […]
Read MoreRegional and provincial economic activities have been picking up after the country’s reopening and the positive momentum is expected to be carried on in the remaining period of this year, says an executive at the Bank of Thailand (BoT). After the government announced the reopening of the country from Nov 1, the economy overall — […]
Read More[KUALA LUMPUR] Malaysia’s economy shrank 4.5 per cent in the third quarter, losing its second quarter bounce, data released on Friday (Nov 12) showed, but the central bank expected a quick recovery as coronavirus restrictions are eased and economic activities resume. The contraction was markedly worse than the median forecast for a 1.3 per cent contraction from […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) will take into consideration the stronger-than-expected economic expansion in the third quarter and the robust growth of both imports and exports when it reviews targets for 2021 and 2022 next month. In his weekly virtual press conference, BSP Governor Benjamin Diokno said the central bank’s Monetary […]
Read MoreE-wallet channel maintains strong growth in the coming time. Vietnamese consumers will likely shop online more next year with more than half of the people saying they would do so when being surveyed by YouGov, an online market research firm. At the webinar “How Covid-19 changed personal finance in Vietnam?” on November 11, Thue Quist […]
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