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Thailand: Ministry targeting e-commerce exports

The Commerce Ministry has vowed to ramp up Thai product exports through online business matching and virtual events, with the aim of boosting online sales to top 16 billion baht this year. Commerce Minister Jurin Laksanawisit said amid the Covid-19 crisis the country’s export promotional plans have to shift from trade exhibitions to more virtual […]

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Thailand: NESDC warns of mounting job losses

Unemployment is likely to soar this year because of the severe impact being felt by the third wave of Covid-19, warned a government planning unit. Danucha Pichayanan, secretary-general of the National Economic and Social Development Council (NESDC), said the third wave of the pandemic is likely to be a prolonged affair and prevent the economy […]

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Philippines: Full recovery seen by end-2022

MANILA, Philippines — The Philippines may return to pre-pandemic level of economic output only by the end of next year, making it the laggard in the region as the country continues to grapple with the COVID-19 outbreak, according to Moody’s Analytics. In a commentary titled “The Philippines struggles to shake the pandemic,” Moody’s Analytics economists […]

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Vietnam e-commerce platforms may lose home ground

Vietnamese businesses need to prepare and move ahead to win the e-commerce race. At the end of 2019, Adayroi announced its closure, ending the expectation that Vietnamese e-commerce firm could compete with foreigh rivals. This showed that local businesses cannot compete with foreign competitors in this fierce battle. With the support and ecosystem of Vingroup, […]

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