Socfin Cambodia, the local branch of a Europe-based international rubber producing company that currently operates a 7,500-hectare rubber plantation in Mondulkiri, has announced plans to open the doors to its first rubber factory next April, with an initial investment of $5.7 million, a company executive said last week. Jef Boedt, general manager of Socfin Cambodia, […]
Read MoreThe country’s foreign debt stock fell to $72.36 billion in the third quarter of 2017, the Bangko Sentral ng Pilipinas (BSP) said on Friday, down $5.6 billion from a year earlier. Compared to the previous quarter, outstanding external debt was $125 million less, largely due to $805 million in net repayments — mostly by the […]
Read MoreKUALA LUMPUR: Alibaba Group has concluded its two-week B2B e-commerce training programme in Malaysia, which aimed to provide Malaysian SMEs with the knowledge and tools to succeed in global trade. The programme was offered by Alibaba Business School, conducted by the B2B platform Alibaba.com and supported by the Malaysia Digital Economy Corporation (MDEC) and the […]
Read MoreRIDE-hailing and e-commerce have galvanised South-East Asia’s Internet economy, which will reach US$50bil this year and potentially exceed US$200bil by 2025. A report by Google and Temasek also found that all four sectors of this economy have experienced “solid growth” this year. The stars were e-commerce and ride-hailing, with a compound annual growth rate of […]
Read MoreThe Hanoitimes – Aided by favorable external and domestic conditions, GDP growth is projected to accelerate to 6.7 percent in 2017 (compared to 6.3 percent forecast in July). Over the medium term, growth is projected to stabilize around 6.5 percent, as the impact of the current cyclical uptick dissipates. On the production side, growth is expected […]
Read MoreThe Hanoitimes – Online fast moving consumer goods (FMCG) sales now reach 0.5 percent share in Vietnam, recorded a significant uplift of 69 percent against last year, according to a report of Kantar Worldpanel. Under the “Future of E-commerce in FMCG” report published recently, Kantar Worldpanel, the global expert in shoppers’ behavior, said that Vietnam’s e-commerce, […]
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Thailand
