Most companies in Thailand are in the beginning stages of exploring opportunities for digital transformation and will gain more momentum in 2018, says IDC Thailand. Singapore is the leader in Asean for digital transformation, while Thailand and Malaysia are at the same level, according to the technology research firm. “Digital transformation is changing the way […]
Read MoreCambodia and Myanmar have signed a memorandum of understanding to promote the flow of national and third-country tourists to the temples of Angkor in Siem Reap and to the ancient city of Bagan in Myanmar. The agreement was penned on Saturday by Tourism Minister Thong Khon and Onh Maung, Myanmar’s Minister of Hotel and Tourism, […]
Read MoreThe fourth industrial revolution and rapid adoption of e-commerce, along with changes in business models and supply chains, are challenging logistics operators in Asia to adopt new technology and adapt to new customer expectations. Gone are the days when individuals and businesses were content to wait for days or weeks for something to arrive. They […]
Read MoreSINGAPORE: Singaporean Prime Minister Lee Hsien Loong says his country is expected to exceed expectations this year by recording economic growth above 3%. Addressing his People’s Action Party’s 2017 convention on Sunday, Lee said Singapore was benefiting from an improved world economy, but would have to press on with plans to restructure and upgrade the economy to […]
Read MoreThe import duty on 703 items will be slashed from Jan 1 next year to comply with the Asean-China Free Trade Agreement (ACFTA). The levy reduction will result in a Customs Department revenue loss of 800 million baht per year, said director-general Kulit Sombatsiri. The 703 items were charged import duties that ranged from 15-20%, […]
Read MoreI am delighted that my first meeting with the leaders of the Association of Southeast Asian Nations has come at a historic moment: the 50th anniversary of Asean’s founding. During those 50 years, not only my country, the Republic of Korea, but almost all of Asia has been utterly transformed. Asean’s role in harnessing and […]
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