Thailand
Vietnam E-Commerce market 2020 – Asia Plus Inc
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Vietnam: Shopkeepers, petty merchants go digital
Amid the Covid-19 pandemic, after 20 years of trading goods in traditional way, shopkeepers and petty merchants have begun to sell products online. Dung, the owner of a grocery in Thanh Cong Market in Hanoi, said: “Buyers now just stay at home and place orders with their smartphones to get products at their home.” Dung […]
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Thailand: Foreign business confidence runs low in UTCC survey
The overall sentiment of foreign businesses operating in Thailand remains relatively low, with rising unemployment, tight liquidity, the country’s political stability and economic prospects topping their concerns. According to the new foreign business confidence index (FBCI) that gauges foreign business sentiment in Thailand conducted by the University of the Thai Chamber of Commerce (UTCC), foreign […]
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Lower-income Singaporeans, middle-aged workers still struggling amid Covid-19 recovery: DBS
SINGAPORE – The nascent economic recovery that started in the later half of 2020 has improved the financial health of most Singapore residents, but some segments of the population are still struggling, a DBS Bank report found. The path to recovery from the coronavirus-induced recession is likely to be uneven and may require more sustained […]
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Laos: First Phase of Sithandone SEZ Development Project Underway
When completed, the first phase of the Sithandone Special Economic Zone (SEZ) is expected to be valued at some USD 600 million. According to a report by Socio-Economic News, the first phase of the construction of the Sithandone Special Economic Zone project began in 2018 and is scheduled to be completed in 2025. Vice President of Sithandone […]
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Indonesia’s foreign visitor arrivals down 89%
JAKARTA: The number of foreign visitors arriving in Indonesia fell 89.05% in January from a year earlier to around 141,300 amid global coronavirus-linked restrictions on travel, data released by the statistics bureau showed. Indonesia’s annual inflation rate cooled for a second straight month in February to 1.38%, the slowest since August 2020, data from the […]
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