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Vietnam’s e-commerce startup gets $2.6 million investment

Startup Selly, Vietnam’s social commerce model, has raised $2.6 million in a Pre-Series A funding round from investment funds CyberAgent Capital, Do Ventures, Genesia Ventures, JAFCO Asia and KVision. CyberAgent Capital (CyberAgent Inc – Japan) is currently investing in more than 350 companies globally. Fifty companied invested in by CyberAgent have been listed on the […]

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Thailand: Inflation rate dims REIC’s recovery view

Despite a forecast of 25% growth in residential transfers this year, reaching the level attained in 2019 might take until 2024 because of the rising rate of inflation, according to the Real Estate Information Center (REIC). Vichai Viratkapan, the acting director-general of REIC, said higher inflation would cause a delay in the economic recovery and […]

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Thailand: Rise of the grey market

Thailand is expected to become an “aged” society this year or next, with people aged 60 and over set to account for 20% of the population. The country has been classified an “ageing” society since 2005, meaning 10% of the population is 60 or older. This trajectory has Thailand becoming a “super-aged” society in 2031 […]

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