KUALA LUMPUR, Dec 19: Lazada Group’s unit, Lazada Malaysia, raked in US$250 million (US$1=RM4.07) in gross merchandise value (GMV) for its 12.12 Grand Finale Sale held in tandem with the company’s recent Online Revolution campaign. In a statement today, Lazada Malaysia said the 12.12 sales figure was more than double that achieved in the previous year […]
Read MoreYANGON, Dec. 18 (Xinhua) — Myanmar is planning to export anti-snake venom to Laos and Cambodia in early 2018, the official Global New Light of Myanmar reported Monday. U Ko Ko Aung, General Manager of the state-owned Myanmar Pharmaceutical Factory (MPF), said that 50,000 vials of anti-venom out of 100,000 vials for snake bite produced […]
Read MoreMakro yesterday opened its first supermarket in Phnom Penh, providing a one-stop shopping solution to a wide range of businesses. The new supermarket is a joint venture between Siam Makro, which operates more than 100 Makro stores in Thailand, and Cambodia’s LYP Group Company Limited, run by tycoon and senator Ly Yong Phat. The new […]
Read MoreKUALA LUMPUR: Genting Malaysia, MISC and Maybank weighed on the FBM KLCI on Monday as investors took profit after last week’s surge while the ringgit slipped against the firmer US dollar. At 5pm, the FBM KLCI was down 1.43 points or 0.08% to 1,751.64, but off the day’s low of 1,747. Turnover was 2.40 billion […]
Read MoreSoutheast Asia’s internet economy is expected to be worth $50 billion by the end of this year and will likely be worth four times more by 2025, according to a report released last week by Google and Singapore sovereign wealth fund Temasek Holdings. At 330 million, the number of monthly active internet users has risen […]
Read MoreThe Hanoitimes – After completing transaction, Vietnam Beverage will become the largest stakeholder holding 53.59% Sabeco shares. Thai Beverage Plc on December 18 took a majority stake in Saigon Beer Alcohol Beverage Corp (Sabeco) valued at nearly 4.8 billion USD, after an auction for Vietnam’s larger brewer attracted no other major bidders. Vietnam Beverage, ThaiBev’s domestic […]
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