Consumers in the land of smiles may have the most voracious online shopping habits in Southeast Asia but a higher percentage of Vietnamese are tossing items into online carts. According to the Economist Intelligence Unit (EIU)’s Inclusive Internet Index, 50 per cent of consumers in Thailand shop online once a week or more, and 44 per cent shop […]
Read MoreSINGAPORE, Nov. 5 (Xinhua) — Lazada Group, a leading e-commerce portal in Southeast Asia with the majority owned by Alibaba Group, said Monday that it will cultivate eight million e-commerce entrepreneurs and small-medium enterprises (SMEs) in Southeast Asia to grow and thrive by 2030. According to a press release from Lazada, the company also plans […]
Read MoreSINGAPORE may need to review its economic growth projections for next year as a trade spat between the world’s two biggest economies increases uncertainty and crimps business investment, said Finance Minister Heng Swee Keat. “In the short run, the impact is not fully felt yet”, with Singapore retaining its growth forecast for this year at […]
Read MoreInterest in Myanmar’s startups has been on the rise as investors scour the market for potential returns. Yesterday, Germany’s development finance institution DEG and agRIF, an impact focused fund which provides funding to financial intermediaries targeting smallholder farmers and the rural population, announced a joint investment of US$6 million in Rent 2 Own (Myanmar) Ltd […]
Read MoreThe government has canceled its plan to increase the excise tax for tobacco and tobacco products in 2019 and has also postponed its plan to simplify the tax, which has met with mixed responses from industry and consumer groups. The cancellation and postponement mean that the 2019 cigarette excise tax would not differ much from this year’s tax. The government made the decision last Friday during a cabinet meeting President […]
Read MoreThe Hanoitimes – The presence of foreign brokers, who have good experience and financial status, has forced local brokers to improve their services for survival. Foreign brokers and consultants have expanded in the Vietnamese real estate market in recent years and they have gained a large market share in high-profit segments, such as office, apartment, and […]
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Thailand
