GRAB contributed US$5.8 billion to South-east Asia’s economy in the 12 months leading up to March 2019, through driver, delivery, merchant and agent incomes and sales generated through its platform and Grab unit Kudo. In its inaugural social impact report released on Tuesday, Grab said that there were about nine million micro-entrepreneurs on its platform […]
Read MoreThai exports dropped four per cent last month, representing a loss of $21.9 billion, largely as a result of imports being front-loaded to avoid US tariffs coming into effect on October 1, the Commerce Ministry reported on Friday. Thai exports thus contracted 2.2 per cent in the first eight months of the year. The ministry […]
Read MoreKUALA LUMPUR Malaysian palm oil futures fell over 1% on Monday evening, extending losses into a fourth consecutive session on expectations of sluggish export demand and higher production. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange was down 1.7% at 2,189 ringgit ($524.06) per tonne at the close of […]
Read MoreMANILA, Philippines — The value of counterfeit goods seized by the government reached close to P14 billion in the January to July period, with cigarettes and alcohol products topping the haul, according to the Intellectual Property Office of the Philippines. IPOPHL said the counterfeit items worth P13.73 billion confiscated by the National Committee on Intellectual […]
Read MoreThe Hanoitimes – Amata VN projects a new industrial estate based on a township concept, a combination of manufacturing, commercial and residential zones. In addition to the three industrial estates in Vietnam, Amata VN, a subsidiary of Thailand’s Amata Corporation, is exploring the plan of establishing a fourth industrial location in Quang Tri province, in central […]
Read MoreTHE Indonesian government plans to spend 8.5 per cent more in 2020 than this year, following approval by a parliamentary committee of a budget a finance ministry official said is designed to anticipate global uncertainty. On Monday, the committee – whose decision is expected to get approval by Parliament on Tuesday – endorsed President Joko […]
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