HANOI: Vietnam plans to lift some limits on the foreign ownership of listed companies, the country’s stock market regulator said on Wednesday, in a move analysts said could boost overseas interest in one of Asia’s fastest-growing economies. A draft securities law presented by Vietnam’s Finance Ministry at a forum held in Hanoi on Wednesday would […]
Read MoreThe Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) is sticking to its GDP growth forecast of 4.4 to 4.8 per cent despite a difficult third quarter, insisting the setbacks are only temporary. “Despite economic setbacks in the third quarter of this year, we expect the annual GDP and exports for 2018 to grow […]
Read MoreA RECENT study conducted by WBR indicates that the service industry is at an inflection point. Over the next 24 months, technology will drive digital transformation in many companies striving to improve and predict revenue streams while also improving operational efficiency. The study shows that nearly three quarters of respondents provide service on equipment that […]
Read MoreConsumers 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 […]
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Thailand
