BANGKOK: Thailand’s economy contracted less than expected in the third quarter, a sharp recovery from the prior quarter as domestic activity rebounded after coronavirus curbs were eased, leading the government to raise growth estimates for this year. Southeast Asia’s second-largest economy shrank 6.4% in July-September from a year earlier, official data from the state planning […]
Read MoreSINGAPORE, Nov 13 — The Covid-19 crisis and economic recession seemed to have little effect on how consumers here approached this year’s Singles’ Day shopping bonanza, which took place on Wednesday. Lazada Singapore said that its 11.11 online sales surpassed last year’s performance by 5pm on Wednesday. The shopping site was among the top three […]
Read MoreThe Tourism and Sports Ministry has called for a meeting with the country’s leading hotel executives to seek recovery solutions as it is planning a two-year revival plan dubbed “Thailand Tourism Year”. Phiphat Ratchakitprakarn, the tourism and sports minister, said the hospitality industry has been crippled by the pandemic. The ministry arranged a brainstorming session […]
Read MoreThe Ministry of Tourism and Japanese company Yamato Green Co Ltd signed a memorandum of understanding (MoU) last week intended to develop a green-belt value chain serving the domestic tourism sector. The agreement aims to support Cambodian farmers’ efforts in improving their growing techniques for vegetables and other crops with Japanese technology. This will help […]
Read MorePETALING JAYA: Malaysia’s economy will continue to improve, albeit at a gradual pace, towards the end of the year and into 2021, after seeing a stronger-than-expected rebound in the third quarter. Economists said the gradual resumption of economic activities following the easing of the movement control order, as well as recovery in international trade, would […]
Read MoreEnsuring the quality of products bought online has long been tricky, but commercial livestreams, e-consulting and virtual reality on e-commerce sites could change that. Le Quynh Mai, who is an active user of popular e-commerce sites, told Việt Nam News: “I buy most of my products, especially clothing products, from livestream activities as I can see how […]
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