KUALA LUMPUR, June 9 — Malaysia’s wholesale and retail trade sales increased by 15.2 per cent year-on-year (y-o-y) to register RM128.0 billion in April 2022, according to the Department of Statistics Malaysia (DOSM). Chief statistician Datuk Seri Mohd Uzir Mahidin said the increase in wholesale and retail trade was attributed to the retail trade sub-sector […]
Read MoreMarred by intense competition and several promotional campaigns, the three major e-commerce operators in Thailand have racked up a combined 39 billion baht in operational losses over the past seven years, according to Creden Data, a data analytics service provider. The trio are Lazada, the Southeast Asia e-commerce arm of China’s Alibaba; Shopee, the e-commerce […]
Read MoreThe three-phase construction of new port terminal at the Sihanoukville Autonomous Port will boost Cambodia’s maritime transport sector, with the first phase set to begin by the end of 2022. Thai Rithy, Deputy Director General of the publicly-listed Sihanoukville Autonomous Port, said that the phase 1 of port terminal construction project will break ground later […]
Read MoreThis is the golden time for Vietnam to make breakthroughs in development as countries around the world are facing high risks of inflation. Vietnam’s independence in the supply of food, which accounts for 40% of the commodity bundle used for the calculation of the consumer price index (CPI), has been a key factor in helping […]
Read MoreThe 300-baht tourism fee faces a delay in implementation, beginning in the fourth quarter at the earliest, while the cancellation of Thailand Pass is expected from July 1, according to the Tourism and Sports Ministry. “Fee collection for tourists arriving by land requires further study, such as determining if the fee amount should be less […]
Read MoreMANILA, Philippines — The Philippines will likely fail to achieve its economic target for this year due to a weak external environment and inflationary concerns, but its growth rate will still be among the fastest in East Asia and the Pacific. In its latest economic update, the World Bank retained its gross domestic product (GDP) […]
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Thailand
