Vietnam’s digital economy this year is expected to grow by 31% to US$21 billion – bolstered by a 53% year on year growth in e-commerce despite the shrinking online travel market – and hit US$57 billion by 2025. Vietnam’s digital economy is projected to hit US$220 billion in Gross Merchandise Value (GMV) by 2030, placing […]
Read MoreKUALA LUMPUR, Nov 10 — Malaysia’s e-commerce income surges to RM279.0 billion, a jump of 17.1 per cent year-on-year (y-o-y) in the third quarter (Q3) of 2021, according to the Department of Statistics Malaysia (DoSM). Commenting on the Malaysia Digital Economy 2021 report today, chief statistician Datuk Seri Dr Mohd Uzir Mahidin said in terms of quarter-on-quarter growth, it maintained a […]
Read MoreTHE Department of Agriculture (DA) is now aiming for a 1-percent growth for the agricultural sector this year as a result of the effects of African swine fever (ASF), typhoons and the Covid-19 pandemic. The new growth forecast is lower than the Agriculture department’s previous target of 2 percent for the entire year. In a press briefing on Tuesday, Fermin […]
Read MoreGlobal free trade should be based on an open multilateral trade framework that is inclusive, transparent, and in line with WTO regulations. The Asia-Pacific Economic Cooperation (APEC) should lead the global efforts in promoting free trade activities by limiting trade barriers and expanding the networks of free trade agreements (FTAs). Vietnam’s Foreign Minister Bui Thanh […]
Read MoreThe baht opened at 32.76 to the US dollar on Wednesday, strengthening from Tuesday’s closing rate of 32.78. The Thai currency is likely to move between 32.65 and 32.80 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said the baht is likely to strengthen due to the weakening of the dollar, gold […]
Read MoreKUALA LUMPUR, Nov 10 — The ringgit opened firmer against the US dollar today, galvanised by the better Malaysia’s Industrial Production Index (IPI) data for September 2021. At 9.15am, the local note rose to 4.1490/1520 versus the greenback from 4.1505/1513 at Tuesday’s close. ActivTrades trader Dyogenes Rodrigues Diniz said the higher-than-expected IPI data gave a boost to the buying support for the […]
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