The Central Statistics Agency’s (BPS) balance and statistics analysis deputy head, Sri Soelistyowati, denied that poor sales at a number of retail outlets were caused by the emergence of online shops. Sri said the market share of e-commerce was still relatively low compared to the market share of offline retail. “Online shopping share for total household spending […]
Read MoreTEMPO.CO, Jakarta – According to Ministry of Trade’s Domestic trade General Tjahya Widayanti, the buying ability of Indonesian people has not weakened. She reasons that Indonesia’s household consumption for the use of domestic products actually increased by 26.13 percent. Other than that, the increased consumption can also be used as a chance to improve domestic trade in goods and […]
Read MoreTEMPO.CO, Jakarta – Industry Minister Airlangga Hartarto said six sectors are expected to boost the national industry in 2018. “They are basic metal industry, food and beverage, transportation, machinery and equipment, chemicals and pharmaceuticals, and electronics,” he said today at a seminar called Industry Outlook 2018 in Jakarta. Source: https://en.tempo.co/read/news/2017/12/11/056914009/Six-Sectors-Will-Boost-Industry-in-2018
Read MoreThe Hanoitimes – Foreign direct investment (FDI) has played an important role in boosting Vietnam’s economic growth, but recent changes in policies and regulations, which are not consistent with international best practices, have exposed many foreign investors to considerable risks and obstacles in executing their investments. The statement was made by Adam Sitkoff, executive director of […]
Read MoreKUALA LUMPUR, Dec 8: Grab, Malaysia and Southeast Asia’s leading e-hailing service, has received e-money licence for payments services from Bank Negara Malaysia (BNM). GrabPay Managing Director Jason Thompson said that with the licence, it can now link the service to stores and restaurants so that customers can benefit from the cashless service. “GrabPay is built […]
Read MoreThe baht is tipped to continue its gradual appreciation next year, driven by improved economic growth prospects among Asian economies and the normalisation of the US Federal Reserve’s monetary policy, says the Bank of Ayudhya (BAY). Since Asean economies have positive growth prospects for 2018, this will attract international trade, foreign direct investment and inbound […]
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Thailand
