Big data can support over 100 billion USD worth of opportunities in Southeast Asia, particularly across the five focus countries, namely Cambodia, Indonesia, Myanmar, the Philippines, and Thailand, according to a report released by the Asian Development Bank (ADB) on August 17. The report “Harnessing the Potential of Big Data in Post-Pandemic Southeast Asia” said […]
Read MoreThe new International Land-Sea Trade Corridor between China’s western provinces and Asean member states saw 379,000 twenty-foot equivalent unit (TEU) containers transported in the first six months of this year, an increase of 33.4 percent year-on-year. Launched in 2017, the corridor is a trade and logistics passage jointly built by western Chinese provinces and Asean […]
Read MoreAFP – Oil prices extended losses Tuesday after weak US and Chinese data reinforced recession expectations, though equities won support from hopes the figures will allow central banks to temper their pace of interest rate hikes. Stock traders tracked a Wall Street advance led by tech firms thanks to an increase in bets that the Federal […]
Read MoreSINGAPORE (THE BUSINESS TIMES) – Bubbling excitement for bubble tea across South-east Asia has helped the industry grow to a whopping US$3.7 billion ($5.1 billion) in 2021 – spent on both bubble tea and similar “new tea” drinks, according to a study published on Tuesday (Aug 16). The report, jointly conducted by venture outfit Momentum […]
Read MoreINVESTORS looking to call the bottom in emerging Asian bonds may have to wait a little longer as inflation in the region shows few signs of peaking. The latest consumer-price gains data from the Philippines, Indonesia, and Thailand surprised on the upside, signalling that cost pressures continue to outrun market forecasts. Shorter-dated yields, which are […]
Read MoreThe three-day Asean Online Sale Day (AOSD) began yesterday with the participation of nearly 500 businesses, marking the 55th Asean Day. Organised by the Asean Coordinating Committee on E-commerce (ACCEC) from August 8 to 10, the annual online shopping event brings together the best of Asean businesses, goods and services across the region on a […]
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Thailand
