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Alibaba offers cloud computing for Southeast Asia’s retailers to embrace digitisation and big data

Alibaba Group Holding, the world’s largest e-commerce services provider, is making a push into Southeast Asia by offering a suite of cloud computing solutions to help retailers embrace digitalisation and provide the kind of online-offline shopping experience that is already commonplace in China. A suite of computing solutions ranging from cloud architecture and machine learning […]

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Thailand – BoT: Labour to curb GDP

The Bank of Thailand forecasts that Thailand’s ageing demography will dampen the country’s annual GDP growth by 1.5 percentage points over the next 10 years. Thailand’s labour growth rate averaged 5% over the past 10 years, but such growth is expected to decline to 3.5% a year in the next decade, said Don Nakornthab, senior director […]

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Philippines: Remittances drop in June

MANILA, Philippines — Remittances from overseas Filipino workers contracted in June, tumbling to the lowest level in three months amid the decline in the deployment of Filipino workers due to the government’s repatriation program in the Middle East, the Bangko Sentral ng Pilipinas reported yesterday. BSP Governor Nestor Espenilla Jr. said personal remittances consisting of cash and […]

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