The big news on the sidelines of the closing session of the annual meeting of the 10-nation Association of Southeast Asian Nations (ASEAN) last Sunday was the virtual signing of the Regional Comprehensive Economic Partnership (RCEP), resulting in the creation of the largest free trade bloc in the world. It’s considered a powerful trade alliance […]
Read MoreAround 11.4 million households are at risk of falling into poverty from the economic crisis caused by the pandemic, with the unemployment rate rising to 1.9% in the third quarter, says the state planning agency. Jinanggoon Rojananan, deputy-secretary general of the National Economic and Social Development Council (NESDC), said there are 637,000 households dependent on […]
Read MoreRetailers’ preferred solution for empty stores may only be adding to their problems, according to new research and industry executives. Retail chains have announced thousands of closures this year after closing a record number of stores last year, as the pandemic crimps demand for nonessential items and shopping continues to migrate online. The hope is […]
Read MoreSINGAPORE logistics firm YCH Group is joining forces with VIetnam’s T&T Group to lead the first project of the Asean Smart Logistics Network (ASLN). The ASLN is a new collaborative platform with a shared goal of smart and sustainable growth based on smart logistics infrastructure. Its aim is to support the Asean Connectivity Master Plan […]
Read MoreDespite Covid-19, online shopping in Vietnam has been growing steadily. Analysts believe that online sales will soar in the last months of the year. Reports show that even in the months with lowest growth rates, e-commerce turnover in Vietnam in 2020 was still higher than last year. Meanwhile, e-commerce platforms are expecting to see a […]
Read MoreDevelopers in Singapore sold 642 new private homes in October, 51.7 per cent lower than the 1,329 units sold in September. The decline came amid the authorities’ clampdown on Sept 28 on the re-issuing of options to purchase (OTPs) by developers, as well as a dearth of new project launches last month. On a year-on-year basis, […]
Read More
Thailand
