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Cambodia to be ASEAN logistics hub for Japan’s Aeon

Cambodia’s burgeoning economy and well-tested legislation surrounded by foreign ownership rights have encouraged leading Japanese retailer Aeon to start international logistics services in Cambodia by 2023. The Aeon Mall is mulling to build 30,000 sq meter logistics center in Sihanoukville in 2023. The gigantic center will offer import storage, customs clearance and support for cross-border […]

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Thailand: Hyperventilating about inflation?

Suphachai Chearavanont, chief executive of Charoen Pokphand Group (CP), the agribusiness giant, recently mentioned dire economic prospects, including the ominous word hyperinflation. Hyperinflation worries stem from a combination of factors including US-China tensions, the global food and energy crises, a potential cryptocurrency bubble and massive ongoing capital injections into the world economy to keep it afloat […]

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Philippines: Commerce keeps an eye on price tags

The Commerce Ministry has pledged to closely supervise the prices of products and services, using both legal and administrative measures while vowing to continue discount campaigns to reduce the cost of living for people nationwide. According to Wattanasak Sur-iam, director-general of the Internal Trade Department, the ministry through the Central Committee on the Prices of […]

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