SINGAPORE: Southeast Asia’s internet economy is forecast to reach US$1 trillion by 2030, as tens of millions more people take up online shopping and embrace food delivery, according to an industry report released on Wednesday. The report, by Alphabet’s Google, Singapore state investor Temasek Holdings and global business consultants Bain & Company, said the region […]
Read MoreJAKARTA – The Association of Southeast Asian Nations (ASEAN) Secretariat on Wednesday announced that the Regional Comprehensive Economic Partnership (RCEP) agreement, the world’s largest trade deal so far, would enter into force on Jan. 1, 2022. The Secretariat has received instruments of ratification from six ASEAN countries, namely Brunei Darussalam, Cambodia, Laos, Singapore, Thailand, and Vietnam, […]
Read MoreThe RCEP, the world’s largest free-trade bloc, will officially come into effect in January next year. The Regional Comprehensive Economic Partnership (RCEP) was signed last year and includes the ten member countries of the Association of Southeast Asian Nations (ASEAN) as well as their five largest trading partners China, Japan, South Korea, Australia, and New […]
Read MoreMastercard Inc. and crypto firm Bakkt Holdings Inc. on Monday said they have partnered to enable cryptocurrency card payments. The companies said the partnership will make it easier for banks, financial-technology firms and merchants to offer and accept crypto payments. Banks and other financial institutions that issue cards through Mastercard will be able to issue […]
Read MoreAFP – Asian markets were mixed yesterday following last week’s gains, with investors keeping a worried eye on a fresh Covid outbreak in China that could drag on the already stuttering economy. Long-running worries about inflation continued to cast a shadow over trading floors, though a healthy batch of earnings has tempered those concerns in the […]
Read MoreThis report focuses on the region’s consumer markets, surveying the outlook for consumption and identifying major shifts in consumption patterns and behavior over the next decade. While the COVID-19 pandemic continues to affect economies in Asia and around the world in fall 2021, this research aims to look beyond the economic effects of the pandemic, […]
Read More
Thailand
