Line Shopping, an online shopping platform of Line app, is pivoting towards entertainment, shopper engagement and convenient commerce as part of its strategies to catch the wave of social commerce in Thailand. The move is meant to support the platform’s social commerce ecosystem with fun chat and new shopping experiences through various features. Line Shopping […]
Read MoreMANILA, Philippines — Government spending on infrastructure slowed down by 16.5 percent in the first nine months as the coronavirus pandemic caused delays in construction activities and discontinuance of projects, the Department of Budget and Management (DBM) reported yesterday. According to the latest data from the DBM, infrastructure and other capital outlays amounted to P451.5 […]
Read MoreForeign investment applications in Thailand amounted to 118.5 billion baht in January-September, down 29% from a year earlier, as investors were deterred by the coronavirus pandemic, an investment agency said on Wednesday. Foreign investors remain interested in the country, despite months of political protests, Duangjai Asawachintachit, secretary general of the Board of Investment (BoI), told […]
Read MoreThailand’s exports may drop by 7% this year, an improvement on the 8-10% drop projected earlier and helped by a gradual recovery in global demand, but a strong baht remains a concern, the Thai shipping association said on Tuesday. “After a positive surprise in September’s shipments, we expect exports to improve further this year,” Ghanyapad […]
Read MoreMalaysia’s central bank held its benchmark interest rate at a record low Tuesday, while warning of downside risks that threaten the economy’s recovery. Bank Negara Malaysia held its overnight policy rate at 1.75% at its final scheduled meeting of the year, as expected by 17 of 22 economists surveyed by Bloomberg. The rest forecast a 25-basis […]
Read MoreStarbucks Corp’s green-siren logo, lattes and Frappuccinos will soon be making their debut in Laos, as the world’s largest coffee chain seeks to expand in Asia. The Seattle-based coffeehouse will open its first store in the capital city of Vientiane by the summer of 2021, making it the 17th Asian market in which the company […]
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