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Thailand: Regulator eyes creation of local OTT platforms

The development of over-the-top (OTT) platforms by Thais is needed to ensure the benefits will not fall solely into the hands of big foreign players, says the National Broadcasting and Telecommunication Commission (NBTC). The agency supports the establishment of a working committee to cope with OTT businesses, including crafting proper measures to govern them. Takorn […]

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Indonesian air carriers report sharp decline in cargo traffic

Indonesia’s volume of domestic and international airfreight has dropped 39 percent from the average rate as the majority of airlines ground aircraft due to the COVID-19 outbreak, Indonesian National Air Carrier Association (INACA) data shows. The association recorded a domestic freight volume of 13,558 cargo ton kilometers (CTK) and an international freight volume of 111,464 […]

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Vietnam supermarkets increase sales from online segment

The Hanoitimes – Orders from online segment of Big C and Saigon Co.op increased during national holidays. Sales from online segment of some big supermarkets in Vietnam increased during national holidays when the retailers launched promotion campaigns for essential products and fresh food as consumption in the period has surged. Saigon Co.op-owned Co.opmart and Co.opXtra. Food […]

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Moody’s, Fitch units expect slower Philippine growth

MANILA, Philippines — Moody’s Analytics Inc. and Fitch Solutions Country Risk & Industry Research expect a slower economic growth for the Philippines as the costs of the coronavirus disease 2019 or COVID-19 outbreak continue to mount in Asia. In its latest weekly Asia Pacific economic preview, Moody’s Analytics said the Philippine economy may grow by […]

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