Only 3pc of small and medium enterprises (SMEs) registered with the Ministry of Industry have been given funding by financial institutions. The Ministry of Industry data showed that of 73,085 SMEs registered with it, only 2,207 businesses or 3pc of the total have received funding from financial institutions. The Minister of Industry U KhingMaung Cho […]
Read MoreThe array of small- and medium-scale businesses that contribute up to 62.5 per cent of employment and comprise 99.5 per cent of all businesses in the Philippines were getting only 9.2 per cent of loans and financing from the country’s major banks. These figures prompted the Union Bank of the Philippines to ask its fellow […]
Read MoreThailand’s e-commerce market value is expected to surge to US$13 billion by 2025 from last year’s $3 billion on the back of strong global demand for Thai products. The country’s e-commerce sector has several product categories that are in global demand. The top five exports sold through cross-border trade in Thailand’s e-commerce comprise jewellery and […]
Read MoreFrom morning to early afternoon, Nguyen Van Chiem Street in Ho Chi Minh City’s District 1 is bustling with food vendors selling breakfast and lunch and customers coming to eat. It is somewhat startling to see some of the vendors accepting payment by scanning QR codes using e-wallets since it is still a relatively new […]
Read MoreCompanies from Asia, Asean states and Europe are eyeing markets for their products in Laos, which is witnessing strong demand. Despite being a small market in the Asean region with a population of 6.8 million, Laos is an attractive destination for manufacturers from China, Japan, South Korea, Singapore, Malaysia, Thailand, Germany and Italy. They are […]
Read MoreMalaysia is moving closer towards opening up its natural gas market to spur competition and demand. Petroliam Nasional Bhd (Petronas) executive vice-president and CEO for gas and new energy Adif Zulkifli said Malaysia was just one price review away from achieving market-based gas pricing this year. “If this happens, it would truly be a game-changer […]
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Thailand
