Signs of easing tensions between China and the US in their trade row fuelled hopes of a breakthrough in high-level talks next month but Asian markets were mixed as dealers struggled to extend this week’s healthy rally. US President Donald Trump on Wednesday said he would delay hiking tariffs on Chinese goods, just hours after […]
Read MoreTHE risk of bailing out state-owned enterprises (SOEs) could put pressure on national balance sheets in emerging and “frontier” markets in South-east Asia, Moody’s Investors Service has warned in a report. The threat comes mainly from so-called implicit liabilities, where governments are not contractually on the hook for debt but could still be pushed to […]
Read MoreSpeaking at the closing press conference of the week-long 51st Asean Economic Ministers and related meetings on Tuesday, Deputy Prime Minister and Commerce Minister Jurin Laksanawisit said that Asean and the six partner countries in the Regional Comprehensive Economic Partnership (RCEP) have agreed to conclude RCEP negotiations by the end of this year and have […]
Read MoreTECH industry stakeholders like to harp on the percentage of all retail sales that e-commerce accounts for year-on-year. Unless referring to the United States, where the Census Bureau says it’s around 11 per cent, or China, where eMarketer believes it’s now a whopping 35.3 per cent, this is usually a low single-digit number. South-east Asia […]
Read MoreSoutheast Asia can be a poster child for digital integration but it needs both top-down and bottom-up momentum for that to happen. It also requires regional leadership. Can Thailand play that role? Southeast Asia’s digital economy was worth US$31 billion in 2015, and is forecast to grow to $200 billion by 2025. But this figure […]
Read MoreSuperapps are trendy these days, with many popular apps harbouring the ambition to become a Superapp, not only in one country but across the region. By offering a multitude of services under one umbrella, Superapps aim to generate higher revenues and profits. One implicit assumption in this thinking is that customers value the convenience of having multiple services […]
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