Three driving forces are shaping new forms of value chains, with implications for Southeast Asia. The first is the growth of the CLMVT — Cambodia, Laos, Myanmar, Vietnam and Thailand — region. The gap between advanced economies and emerging markets is closing, and our region is catching up very fast. But the concurrent rise in […]
Read MoreASIAN markets retreated on Monday and the dollar held gains after a blockbuster US jobs report dashed hopes that the Federal Reserve (Fed) would slash interest rates this month. Labor Department data showed that despite recent disappointing indicators, the world’s top economy continues to show resilience as it created far more posts than expected in […]
Read MoreThe Customs Department aims to link the National Single Window (NSW) with three more countries this year, expanding the electronic exchange system of trade-related data. The additional three countries are Myanmar, Cambodia and the Philippines, said director-general Krisada Chinavicharana. Cambodia started a trial run for the NSW with Thailand at the beginning of July, he […]
Read MoreAs the US-China talks “pause” their tariff conflict, and other bilateral trade relations such as US-Japan and US-India continue to grab headlines at the recent G20 Leaders’ Summit in Osaka, we may look back at another Asian nation leaders’ summit of the ten Southeast Asia nations (ASEAN) in Bangkok, Thailand in June as the summit which made an […]
Read MoreThe market share of online grocery sales in Southeast Asia is expected to remain small despite these markets seeing some of the fastest growth according to international researcher IGD Asia. Its latest forecasts puts online sales generated by Asia by 2023 at US$2,264 billion, which is almost the same as Europe and North America combined. […]
Read MoreHuawei Technologies says its smartphone market share in Thailand remains unscathed by US sanctions on the company, despite conflicting reports that the Chinese telecom giant’s sales suffered dramatically. The company said its market share in Thailand grew in the first five months of 2019 to 20% from 15% in 2018. Huawei is set to increase […]
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