From dumb-bells to bubble tea pearls, consumers are now looking for things they may not have previously wanted, as they adjust to the “new normal” amid the coronavirus pandemic. Groceries and food, indoor exercise equipment and gaming tools have emerged as the most popular categories for online shopping. Experts say this trend towards online shopping is set […]
Read MoreThree associations in the garment, footwear and travel goods and commerce yesterday once again sent a letter to the European Parliament appealing to postpone the scheduled partial withdrawal of the Everything but Arms (EBA) trade preferences. The letter’s title, “Impact of COVID-19 Pandemic on Cambodian Garment and Footwear Sector”, was sent by the Garment Manufacturers […]
Read MoreThe government’s new move to apply price control measures to online food and parcel delivery services could heap pressure on operators already suffering from losses, while rider partners would be at risk of having their share of revenue diminished, say industry pundits. On Tuesday, the cabinet resolved to include online food and parcel delivery services […]
Read MoreSINGAPORE (THE BUSINESS TIMES) – Payment delays among firms in Singapore have risen for another quarter, with retail and services posting the highest jumps out of all sectors, amid the economy’s coronavirus-induced partial lockdown. Slow payments, defined as those made at least 30 days above terms, increased to 45.78 per cent in the second quarter, […]
Read MoreWe believe the Bank of Thailand will maintain a dovish tilt over the coming quarters, as the economy struggles amid the shock from the Covid-19 pandemic and deflation risks remain elevated. At its June 24 policy meeting, the Monetary Policy Committee (MPC) voted to unanimously keep its key policy rate on hold at 0.50%. While […]
Read MoreMANILA, Philippines — Inflation for June likely settled within the 1.9 to 2.7 percent range from 2.1 percent in May as the uptick in the price of rice as well as the rising pump prices of petroleum products continued to put upward pressure on inflation, according to the Bangko Sentral ng Pilipinas (BSP). In a […]
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