Giant online platforms Lazada and Shopee are riding high in Thailand’s e-commerce market, cashing in on the growth potential of Thai consumers’ shift towards digital-related activities. Krungthep Turakij newspaper reported that Lazada and Shopee have now gained a combined share of between 80 and 90 per cent of the e-market in Thailand. According to the […]
Read MoreThe Hanoitimes – Vietnam’s economy kept growing track in the first half this year with maintained GDP growth rate and stable CPI. Vietnam’s economy stayed strong in the first half (H1) of this year with robust retail turnover, record import-export turnover, high foreign direct investment (FDI), stable consumer price index (CPI), growing international arrivals, and a […]
Read MoreThe Bank of Thailand knocked the baht from its perch, but the weakness could be short-lived, according to the currency’s top forecasters. The BoT took steps this month to curb short-term inflows after the currency surged to a six-year high. Those measures are hurting the baht, which is headed for a loss in July and […]
Read MoreMANILA, Philippines — Inflation likely stayed benign in July, the Bangko Sentral ng Pilipinas said Wednesday. In a statement, the BSP’s Department of Economic Research said it expects July inflation to settle within the 2%-2.8% range. The Philippine Statistics Authority will release the official July inflation data on August 6. “Lower rice and domestic LPG prices […]
Read MoreForeign oil and gas companies with retail operations can apply to set up their businesses in Myanmar, a senior official with the Ministry of Electricity and Energy (MOEE) told The Myanmar Times. While Myanmar remains the only member of Asean that does not allow 100 percent ownership in retail petroleum operations, it has allowed foreign oil […]
Read MoreMANILA (REUTERS) – Philippines’ Jollibee Foods Corp is training its sights on Indonesia, with newly acquired US chain Coffee Bean & Tea Leaf its entry point in the economically expanding and densely populated South-east Asian neighbour, its top officials said. Jollibee has for years planned to bring its Chickenjoy fried chicken and sweet spaghetti restaurants to Indonesia, […]
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Thailand
