The highly competitive e-commerce market in Thailand is expected to drive growth in online retail, representing a 10% share of the overall retail market in five years from only 3% today, say leading players. Big names such as JD Central, a joint venture between Thailand’s Central Group and Chinese internet giant JD.com, are set to launch in […]
Read MoreThe Indonesian Private Electricity Producers Association (APLSI) has expressed concern over the government’s plan to postpone the construction of power plants worth US$23.9 billion. APLSI spokeman Rizal Calvary said state-owned electricity company PLN did not give a detailed explanation about the reason behind the postponement. “[The postponement] upset [those] who have an interest in the projects, particularly the creditors,” he said in […]
Read MoreMANILA, Philippines — The Philippine manufacturing sector was among the top performers in the ASEAN region in August, according to the results of the Nikkei ASEAN Manufacturing Purchasing Managers’ Index (PMI). IHS Markit, the firm that collates data for the PMI, reported that the ASEAN PMI rose to 51.0 in August from 50.4 posted in […]
Read MoreRAZER Pay, the e-payment platform by Singaporean-founded gaming company Razer, will launch in Singapore by the first quarter of 2019, nearly half a year after it was rolled out in Malaysia. In a Facebook post on Friday, Razer founder and chief Tan Min-Liang said that Razer had a year ago committed – in an e-payment […]
Read MoreThe Hanoitimes – Vietnam`s retail e-commerce sale is expected to reach US$10 billion by 2020, which is considered a “promising land” for foreign investors, especially those from China, Zing reported. The presence of foreign players in Vietnam’s e-commerce market, including Alibaba, Tencent, JD, heats up competition to gain market share. Vietnam’s retail e-commerce sale is expected […]
Read MoreKUALA LUMPUR: Malaysia’s Industrial Production Index (IPI) increased marginally by 2.6 per cent in July 2018 over the same month last year supported by an increase in the manufacturing and electricity indices, the Statistics Department says. In a statement, Chief Statistician Datuk Seri Dr. Mohd Uzir Mahidin said the manufacturing sector output increased 5.2 per […]
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Thailand
