Super-apps Grab and Get have been locked in competition over the food delivery market, which is thriving as the “lazy economy” grows. The two unicorn startups have claimed strong growth for their delivery services, but ride-hailing services may see a reshuffle with the government expected to legalise the services next March. “This is an exciting […]
Read More[CHICAGO] Beyond Meat Inc aims to start production in Asia before the end of next year, as it gets closer to selling its popular plant-based meat products in China, executive chairman Seth Goldman told Reuters. While Beyond Meat sells its products in Taiwan, Singapore and Hong Kong, the company and rival Impossible Foods are racing […]
Read MoreMANILA, Philippines (11:40 a.m.) — The Philippine economy recorded a 6.2% growth in the third quarter of 2019, the government announced Thursday. The country’s gross domestic product is higher than the 5.5% growth in the second quarter this year, the Philippine Statistics Authority said. According to the PSA, net primary income from the rest of the world grew by […]
Read MoreThis year saw Myanmar’s Ministry of Planning and Finance opening of the local insurance market to foreign. Currently, there are five fully foreign-owned life insurers, three local-foreign joint venture general insurers and three local-foreign joint ventures life insurers, in addition to local insurance companies. One of the joint ventures is the partnership between Aya Myanmar […]
Read MoreDespite a spate of government stimulus measures, consumer confidence continued to ebb in October as the public fretted about the tepid economy, political instability, shrinking exports, low farm prices and global uncertainty stemming from trade wars and the Brexit impasse, as well as the US suspension of tariff preferences on 573 Thai goods. According to […]
Read MoreA SMALL Thai retailer who expands into online sales can boost takings by an average of 51 per cent a year, according to a new report released by an e-commerce platform provider. The shift into “e-tail” has also grown retailers’ customer bases beyond their home markets, especially for lower-income regional sellers based outside the capital […]
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