MANILA, Philippines — Sales of the country’s vehicle assemblers declined by 12 percent in February from a year ago due to slow demand for passenger cars (PCs) and commercial vehicles (CVs), the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) said yesterday. Based on combined sales reports of CAMPI and the Truck Manufacturers Association […]
Read MoreSAMUT PRAKAN: A total of 1,388 people have been thrown out of work by lingerie manufacturer Brilliant Alliance Thai Global Ltd’s abrupt closure of its factory in Bang Sao Thong district. The closure anouncement was posted only on Wednesday, effective from Thursday. Its workforce, mostly employed in the production department, were in a state of […]
Read MoreThree 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 […]
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Thailand
