Thailand’s e-commerce, excluding business-to-business engagement, is expected to grow 35% to 220 billion baht in 2020, driven by the coronavirus outbreak, says Priceza, a price comparison shopping website. Meanwhile, the competition between social commerce and e-marketplaces is expected to intensify. “In the post-Covid-19 world, the online channel and e-commerce are no longer an alternative option, […]
Read MoreMANILA, Philippines — Financial technology (fintech) companies are crucial in helping the government shape and rebuild a new economy after the coronavirus disease 2019 or COVID-19 pandemic, according to the Bangko Sentral ng Pilipinas (BSP). In his keynote address titled “Pump-priming a digital economy post COVID-19,” BSP Governor Benjamin Diokno said the central bank has […]
Read MoreThe construction part of Yuetai Group Co Ltd’s City Gate development project along the riverfront has completed 80 percent of its shop house block while work on the other three blocks will start soon, according to the company’s sale representative staff. The project, which is also known as Phnom Penh Harbour Bay, has been building […]
Read MoreSome experts believe that the government needs to come forward and provide a guarantee for SMEs (small and medium enterprises) to access bank debts. Accounting for 90 percent of Vietnam’s total enterprises, SMEs are in an disadvantageous position to access preferential credit packages created during the COVID-19 crisis. To borrow money from credit packages, SMEs […]
Read MoreThe Finance Ministry will sell 3.17% of its stake in the financially-troubled Thai Airways International (THAI) to the state-run Vayupak 1 Fund, with the aim of stripping the airline of its state enterprise status. Transport Minister Saksayam Chidchob held a teleconference to inform THAI executives of the decision on Wednesday. He has given THAI a […]
Read MoreThailand is likely to take up to three years to return to normal economic conditions, similar to 2019, following the pandemic, according to the Thailand Development Research Institute (TDRI). Speaking at a seminar titled “New Normal for Business Sector” held by the Thai Chamber of Commerce (TCC), Somkiat Tangkitvanich, TDRI’s president, said this economic crisis […]
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