vn06
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Vietnam logistics market likely to hit US$87 billion in 2022

The Hanoitimes – The development will be backed by increasing industrial activities, growing e-commerce, and stronger investment in logistics infrastructure. Vietnam logistics and warehousing market is likely to reach US$86.7 billion by 2022 thanks to expanding industrial activities, growing e-commerce industry, continuous investment in infrastructure and logistics facilities, and consistent economic growth. The logistics and […]

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Indonesia: 40,000 SMEs benefit from digital payment services

About 40,000 small and medium enterprises (SMEs) have enjoyed additional business in their retail outlets after they obtained applications for digital payment services. Through the application developed by Digital Maxima Indonesia (DMI), a subsidiary of PT Digital Mediatama Maxima (DMM), SMEs served their customers who wanted to pay their telephone and electricity bills as well […]

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Thailand: Exports tipped to shrink 1% this year

The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) on Wednesday forecast that exports this year will contract 1 per cent from the previous year. The committee had earlier this year projected export growth of 3 to 5 per cent for 2019 It reduced its forecast for GDP growth this year to 2.9 per […]

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Philippine trade deficit narrows in May

MANILA, Philippines — The Philippines’ trade deficit narrowed in May as exports were flat while imports worsened, the country’s statistics agency reported Wednesday, with one analyst saying the improvement in the nation’s trade imbalance is “likely temporary.” The country’s trade gap decreased to $3.28 billion in May, narrower than $3.47 billion deficit in April and […]

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