Alibaba Group Holding Ltd recently announced that they will invest an additional US$2 billion into the Lazada Group. It is believed that this move by Alibaba is to counter Amazon’s plans of expanding its market to this region which has over 600 million potential customers. The American e-commerce giant officially launched a membership programme named […]
Read MoreLast week, the European Chamber, together with German development agency GIZ, presented research findings on the barriers to investment and investment promotion in Myanmar’s healthcare and tourism sectors. With the objective of enhancing the investment environment in Myanmar, the chamber conducted a detailed analysis of Public Private Partnerships (PPP) in the country and provided recommendations […]
Read MoreIndonesia is now developing a second generation of Bonded Logistic Centers (PLB Second Generation), as PLB First Generation was considered a success in reducing logistic costs. “The goods that in the past were stored in Singapore now can be stored here at a lower cost. A businessman could cut the cost up to Rp 7.18 […]
Read MoreConsumer confidence rebounded 3.6 percent to 100.8 points in March from 97.3 in the previous month, according to a survey conducted by Danareksa Research Institute (DRI). DRI says the survey reveals that consumers had given more positive assessments on current economic conditions and the job market, while their concern about high foodstuff prices had fallen […]
Read MoreMALAYSIA Digital Economy Corporation (MDEC) celebrated the successful completion of 50 high potential eUsahawan participants, who were among the pioneer batch of a special training and coaching programme aimed at creating sustainable e-commerce businesses. A collaboration between MDEC and Cradle Fund Sdn Bhd’s Coach and Grow Programme, the eUsahawan Level Up programme is an extension […]
Read MoreTHAI Smile Airways will offer an extra return flight per day on its Bangkok (Suvarnabhumi) to Chiang Mai route during the Songkran festival, according to a press statement. The additional flights will be available on April 10, 11, 12, 16 and 17, lifting the number of daily return services to six from the usual five. […]
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