THE EXPANSION of distribution channels to physically cater to shoppers in front of their homes, along with enhancing Big Data analysis to capture purchasing behaviour of individual shoppers, have recently emerged as two major new strategies by major retailers. Controversy has followed as major retailers struggle to increase sales and market share, including by violating […]
Read MoreTransportation Minister Budi Karya Sumadi has said ride-hailing service providers are required to register as transportation companies within the next two months, so the ministry will have authority over their services. Ride-hailing companies are currently under the supervision of the Communications and Information Ministry. “So far, we have had difficulty in overseeing the companies because they are not registered […]
Read MoreIN TODAY’S landscape where almost everything can be bought online, some purchases could be better done offline. However, these products may not necessarily be available locally or are a lot cheaper in other countries. This explains why Alexander Le sees a lot of potential for cross-border shopping platform Jetspree. Jetspree connects buyers to travellers to […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is adopting to regulatory technology (RegTech) solutions to strengthen its risk-based regulatory and supervisory activities. BSP Deputy Governor Chuchi Fonacier said the regulator has committed to a “sandbox” approach with regards to adoption of relevant regulatory and supervisory technology solutions for the banking system. The BSP […]
Read MoreSix countries pledged to enact $66 billion worth of projects over the next five years at the Greater Mekong Subregion (GMS) Summit in Hanoi on Saturday, with Cambodia-specific projects scheduled to receive the least amount of funding of any participant. Representatives from the six GMS countries – Cambodia, Laos, Thailand, Vietnam, China and Myanmar – […]
Read MoreIn 2017-18, the amount of debt in gold owed to the government is estimated to be more than K2.7 trillion compared to the budget deficit of K4 trillion. “If we had received taxes from this avenue on time, our country’s budget deficit could have been mitigated and GDP increased,” said Daw Shwe Shwe Sein Latt, […]
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Thailand
