Three companies are dominating the consumer lending market in Vietnam, with FE Credit, HD Saison and Home Credit firmly on top. According to the State Bank of Vietnam (SBV) 16 finance companies are licensed to provide consumer lending with their total charter capital worth more than VND22 trillion (US$948 million) as of the end of 2020. […]
Read MoreDespite Cambodia’s increasing digital adoption, word of mouth recommendation (WOM) still holds the most weight when it comes to influencing purchasing decisions, according to a new report by research site Engagement Labs (EL). The EL report said that although WOM is increasingly done through email, text and social media, the majority is still done face […]
Read MoreKUALA LUMPUR: Malaysian banks’ earnings, which slumped last year due to sizeable pre-emptive provisions, should improve this year but their profit performance will likely remain clouded, RAM Ratings said. In the rating agency’s Banking Quarterly Roundup 4Q 2020 issued on Thursday, it expected an improvement in earnings with an upward bias in the net interest […]
Read MoreDigital marketing skills for women can help bridge Cambodia’s digital gender divide and strengthen the Kingdom’s e-commerce sector, according to experts. Sreymom Hok, the co-founder of education company The Khmer Lesson says,“There is a big gap in digital literacy between men and women. Many still think that women cannot manage a business, should stay home […]
Read MoreThe government looks set to sign a memorandum of understanding (MoU) to sell as much as one million tonnes of rice a year in a government-to-government (G2G) deal with Indonesia late this month. According to Commerce Minister Jurin Laksanawisit, the MoU signing will be organised in the final week of March, covering no more than […]
Read MoreSocial commerce is expected to make up 70% of Thailand’s e-commerce market value within three years, up from 62% at present, driven by the rise of online sellers amid the pandemic, says Line Thailand. To ride the wave of the social commerce boom, Thailand’s most popular messaging app Line has vowed to usher in new […]
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