Thailand
Consumer Trends in Asia 2021
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Three main trends for Vietnam’s e-commerce in 2021
Innovation in Vietnam’s e-commerce industry this year will focus primarily on payments, logistics, and digital technology. In 2020, major online shopping platforms in Vietnam added games and livestream services. Tran Tuan Anh, managing director at Shopee Vietnam, said during the time of social distancing, Vietnamese consumers began to switch to online platforms for both essential […]
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Thailand: Tax perks and regulation package for FDI ahead
The government is scheduled to unveil fresh tax incentives and relaxed regulations later this month to facilitate the ease of doing business and entice foreign investors who are looking to relocate their production sites to stave off the continued trade spat between the US and China. Deputy Prime Minister Supattanapong Punmeechaow said the fresh investment […]
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Cambodia: Border Market in Kampot province to break ground
The border market set for construction in Kampot province is close to breaking ground with preparation at the market’s site under way. Pan Sorasak, Minister of Commerce and Chev Tay, governor of Kampot have made a joint visit to the location in Thgov village, Russei Srok Khang Koeut commune, Kampong Trach district, Kampot province to […]
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Philippines: Factory gate prices fall 5.3% in January
MANILA, Philippines — Factory gate prices contracted sharply in January as COVID-19 restrictions affected demand nearly across the board, according to the Philippine Statistics Authority (PSA). Latest data from PSA showed that the Producer Price Index (PPI) declined by 5.3 percent, faster than the annual decline of 3.8 percent in December last year. It is […]
Read MoreIndonesia: Inflation moderates in JanuaryInflation eases in February
Consumer prices rose a seasonally-adjusted 0.10% over the previous month in February, decelerating from January’s 0.26% increase. February’s result was driven largely by higher prices for transportation, health and household equipment. Inflation moderated to 1.4% in February, from January’s 1.6%. February’s result therefore moved further below Bank Indonesia’s 2.0%–4.0% target range. Meanwhile, the trend pointed […]
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