The 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 […]
Read MoreNEW condominium launches continued to drive demand in the secondary market in February. Resale prices rose by 1 per cent in the month, climbing for the seventh straight month in Singapore. Year on year, overall resale prices advanced 4.4 per cent, flash figures from real estate portal SRX Property showed on Wednesday. Property analysts from […]
Read MoreThe cabinet has turned down a proposal from the Tourism and Sports Ministry to extend the fraud-plagued Rao Tiew Duay Kan (We Travel Together) scheme scheduled to end on April 30. Instead, the Tourism and Sports Ministry and Tourism Authority of Thailand (TAT) were instructed to redesign the programme in order to prevent fraudulent practices or […]
Read MoreJAKARTA: Three out of four Indonesian households experienced an income reduction last year as breadwinners either lost jobs, switched to informal jobs or closed businesses during the pandemic while government assistance for small businesses remained limited, a recent survey has found. The majority of the affected households were located in urban areas and had school-aged […]
Read MorePRIVATE-SECTOR watchers have raised estimates for full-year growth, even though the economy is still expected to stay underwater in the first quarter. Singapore’s gross domestic product (GDP) may grow by 5.8 per cent in 2021, before cooling to 3.8 per cent in 2022, according to the results of the latest quarterly survey from the Monetary […]
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