Indonesia aims to double the value of business deals to be made during this year’s business forum with Latin American and Caribbean countries. The value of business deals agreed during the same event last year, which involved more than 200 companies, reached US$33 million, according to I Gede Ngurah Swajaya, the director general for American […]
Read MoreTuktuk drivers have seen a drop in revenue of up to 70 percent but are still being asked to pay up to 15 percent of it for using ride-hail technology, say representatives. One of Asia’s oldest and longstanding jobs has seen a shakeup with many drivers looking to leave their jobs to find alternative income […]
Read MoreKUALA LUMPUR: Implementing Budget 2021 during the Covid-19 pandemic is challenging due to uncertainty as business as usual will no longer work and regulators will need to assist businesses with effective regulation as part of the new norms. Malaysia Productivity Corp (MPC) director-general Datuk Abdul Latif Abu Seman said effective regulation is needed to drive investments, strengthen […]
Read MoreMANILA, Philippines — Banks continued to hold back from lending as loans in their books start to turn sour with the unwinding of regulatory relief extended to customers battered by the pandemic. Outstanding loans by big banks, net of their lending to each other, inched up 2.8% year-on-year as of September, sustaining a weakening trend […]
Read MoreThe Covid-19 pandemic has forced retailers to shift from traditional sales to online sales to adapt to the new circumstances. In late August, Doan Van Hieu Em, CEO of The Gioi Di Dong (Mobile World), the largest mobile phone distribution chain in Vietnam, for the first time appeared on a livestream to sell products. The […]
Read MoreDIGITAL economies in Vietnam and Indonesia managed double-digit growth despite headwinds from the Covid-19 pandemic, although Singapore’s fell 24 per cent to US$9 billion. According to the 2020 South-east Asia e-Conomy report by Google, Temasek and Bain & Co, Vietnam’s Internet economy grew 16 per cent to reach US$14 billion in gross merchandise value (GMV), […]
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Thailand
