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Philippines: Opportunities in pandemic, says CEO

MANILA: Jollibee Foods Corp, the largest Philippine restaurant operator, is looking toward foreign expansion and “opportunities” created by Covid-19 as it rebounds after historic losses induced by the pandemic. After a restructure amid last year’s setback, Jollibee CEO Ernesto Tanmantiong plans to open 450 restaurants around the world this year while looking for acquisitions that […]

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Vietnam car sales rises 21% in two-month period

The Hanoitimes – The sale figure in February, however, was on the decline for two consecutive months with a contraction of 22% against the previous month to 13,585 units. The number of cars sold in Vietnam in the first two months rose by 21% year-on-year to more than 40,000 units, which has been a reflective of […]

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World Bank: Malaysia to achieve high-income economy in 2024-2028

PETALING JAYA: Malaysia will achieve a high-income economy between 2024 and 2028, but needs to improve its competitiveness, inclusiveness, efficiency and increase women participation in the workforce, according to the World Bank’s flagship report, “Aiming High — Navigating the Next Stage of Malaysia’s Development” yesterday. In the report launched on Tuesday, it said Malaysia’s GNI […]

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Alibaba assists Vietnamese SMEs to access international markets

The Hanoitimes – The two sides will work together in three main fields, including exporting, developing Vietnamese trademarks, and enhancing the cross-border e-commerce capacities of Vietnamese businesses. The Vietnam Trade Promotion Agency (under the Vietnamese Ministry of Industry and Trade) and Chinese retailer Alibaba officially signed a Memorandum of Understanding on March 16 to assist Vietnamese […]

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Indonesia’s exports total USD15.27B in February

JAKARTA (XINHUA) – Indonesia’s exports in February were estimated at USD15.27 billion, up 8.56 per cent from a year earlier while down 0.19 per cent from January, the country’s central agency of statistics BPS said yesterday. “Since November 2020 our exports have always grown positively on an annual basis. This is an exciting development,” the […]

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