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Vietnam President seeks parliament approval for EVFTA

The Hanoitimes – The trade deal with the EU would emphasize Vietnam’s geopolitical significance in the Southeast Asian and Asia – Pacific regions, said Vice State President Dang Thi Ngoc Thinh. On behalf of Vietnam’s President Nguyen Phu Trong, Vice President Dang Thi Ngoc Thinh said the EU – Vietnam Free Trade Agreement (EVFTA) brings mutual […]

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Alibaba lures Thais with overseas sales

Chinese e-commerce giant Alibaba is encouraging Thai businesses to use its platform to boost their sales in overseas markets as online sales have jumped during the pandemic. “We have worked with local dealers the past 10 years, demonstrating Thailand has potential for global trade opportunities,” said Stephen Kuo, Asia-Pacific head at Alibaba.com, a business-to-business (B2B) […]

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Thailand: In-mall operators ask for distancing standards

A group of mall operators has called on the government to help design standardised guidelines for restaurant operators and to extend service times to recoup sales opportunities. Nopporn Witoonchart, president of Thai Shopping Centers Association (TSCA), said restaurants are still facing some problems after the government allowed them to reopen last Sunday. There are no […]

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Thailand: BoT cuts key rate to 0.50%

The Bank of Thailand cut its policy rate by 25 basis points to a record low of 0.50% on Wednesday, to help soften the economic impact of the pandemic and social distancing measures. The central bank’s Monetary Policy Committee (MPC) voted 4-3 at Wednesday’s meeting to lower the one-day repurchase rate, with the three dissenters preferring […]

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Cambodia: ‘GrabMart’ a new player in delivery apps

Grab, the popular mobile ride-hailing application, has now expanded its services to join in on the recent trend for on-demand delivery services in Phnom Penh by releasing their new business ‘GrabMart’. According to the company residents in the capital can now buy groceries, packaged food, healthcare products, beauty products and gifts via the Grab app […]

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