Thailand’s on-demand commerce battle between “super apps” is expected to intensify in 2023 amid slower market growth, economic headwinds and an exodus of funding, as some food delivery players are likely to exit the market next year, according to industry pundits. “In 2023, the intense battle will shift from e-marketplaces to on-demand commerce players,” said Pawoot […]
Read MoreHCM City’s estate project developers have been slashing housing prices and offering big discounts to lure buyers. Some brokers are offering unprecedented prices for shophouses in a project in the southern province of Dong Nai, with prices 50 percent lower than primary prices. For example, products with an initial price of VND15 billion are being […]
Read MoreThailand’s rice exports were up 39.1% in the first nine months of this year, compared to the same period a year earlier, the Agriculture Ministry said on Monday. Thai rice exported reached 5.41 million tonnes in the January to September period this year, it said in a statement. Source: https://www.bangkokpost.com/business/2437602/rice-exports-up-39-1-y-y-in-first-9-months
Read MoreTHE Monetary Authority of Singapore (MAS) has called on consumers to “exercise utmost caution when trading in cryptocurrency” in its responses to queries about FTX and its operations here. Currently, FTX.com does not operate in Singapore, nor does it have the licence or exemption to operate here. But the regulator noted that it cannot prevent […]
Read MoreThe cost of electricity will rise about 14% to a minimum 5.37 baht per unit between January and April next year on rising fuel costs, the Electricity Regulatory Commission (ERC) warned on Monday. Secretary-general Khomgrich Tantravanich said the ERC had three options – and the increment to 5.37 baht would cost consumers the least. The […]
Read MoreKUALA LUMPUR: Malaysia’s palm oil board on Monday warned of a tough 2023 for the market for the world’s most consumed edible oil, with the persistence of global uncertainties in weather, geopolitics and economics that have caused wide price swings this year. The edible oils market has grappled with volatility triggered by recession fears, Russia’s […]
Read More
Thailand
