Thailand’s e-marketplace players are shifting to profitability after almost a decade of losses, attributed to cautious spending, operating adjustments and increasing service fees. Shopee posted a profit for the first time in 2022, tallying 2.4 billion baht, while Lazada recorded profit of 413 million baht. Shopee posted revenue of 21.7 billion baht, followed by Lazada with […]
Read MoreThe Cambodian National Assembly on May 30 ratified the ASEAN Trade in Services Agreement (ATISA) to boost trade and investment in the area of services. Some 98 lawmakers in attendance unanimously ratified the pact. Minister of Commerce Pan Sorasak said the ATISA aims to strengthen economic linkages and provide greater opportunities for economic development in the ASEAN Economic Community. […]
Read MoreMANILA, Philippines — Goods traded within the country registered double-digit growth both in terms of value and volume in the first quarter of the year amid increased demand and business activity. Preliminary data from the Philippine Statistics Authority (PSA) showed the value of domestic trade rose by 46.7 percent to P199.72 billion in the first […]
Read MoreConsumers and businesses are called on to join authorities to curb counterfeit, fake, and smuggled goods on online shopping platforms, particularly as e-commerce has been thriving strongly in Việt Nam. HÀ NỘI — Consumers and businesses are called on to join authorities in the fight against counterfeit, fake, and smuggled goods on online shopping platforms. The […]
Read MoreCambodia Airport Investment Co Ltd (CAIC), developer of the new Takhmao International Airport (TIA), and Singapore-listed SIA Engineering Co Ltd (SIAEC) on May 30 unveiled plans for a joint venture (JV) to provide line maintenance services at the facility south of Phnom Penh. Under the proposed agreement, CAIC and SIAEC are to own the JV […]
Read MoreJAKARTA: The government lifted a ban this month on the export of dredged sand that had been in place for more than 20 years, in a move it claims will bring in badly needed revenue but that activists say will further degrade the country’s vital marine ecosystems. The regulation was signed by President Joko “Jokowi” […]
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Thailand
