The Hanoitimes – Vietnam’s food delivery market is valued at US$33 million and is forecast to reach US$38 million in 2020. South Korea’s new unicorn Woowa Brothers, operator of the country’s leading food delivery platforms Baedal Minjok, has acquired Vietnam’s food delivery company Vietnammm, Deal Street Asia reported. In 2015, Vietnammm acquired Foodpanda’s Vietnam operations from […]
Read MoreTECHNOLOGY is fast becoming the bedrock of energy and power-related projects in Asean. Catalysed by ambitious goals, such as expanding the region’s renewable energy to 23 per cent by 2025, the power and energy industry is ripe for disruption. However, as cities drive their manufacturing sectors towards Industry 4.0 and ready themselves for smart and sustainable […]
Read MoreMANILA, Philippines — The Philippine Competition Commission (PCC) has increased the thresholds for compulsory notifications of mergers and acquisitions (M&As) set to take effect by next month. In a resolution issued yesterday, the PCC raised the threshold to P2.2 billion from P2 billion for the size of transaction (SoT) or value of assets or revenues […]
Read MoreJAKARTA: In the near future, digital technology will deeply influence the country’s development, said Rudy Salahuddin, an official from the Office of the Coordinating Economic Minister. For that purpose, the government has vowed to issue or revise at least five regulations related to the sector. They are a government regulation on eCommerce, a personal data protection […]
Read MoreThe Federation of Thai Industries (FTI) will call for the National Legislative Assembly (NLA) to delay a decision on an electronic waste disposal bill by a further 45 days, arguing that the new bill will cause factories to relocate from Thailand and jeopardise 753,357 jobs in the industry. The Waste from Electrical and Electronic Equipment bill, […]
Read MoreThe Taxation Supervisory Committee (KPP) has suggested that digital marketplace service providers need incentives to balance out the additional burden of a new regulation on tax treatment for e-commerce transactions. The KPP is an independent committee that is tasked with monitoring taxation policy and implementation. The committee, which reports directly to the Finance Minister, called for improvements to tax policy. KPP […]
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