Fired up by the pandemic, the battle between online food ordering platforms is intensifying as operators seek more capital, expand services in provinces and gear up for cloud kitchen investment to stay afloat in the contentious market. Kasikorn Research Center (K-Research) says the winners in the segment could be seen in three years. Last year, […]
Read MoreThe first-ever ASEAN Online Sale Day (AOSD) was launched on Saturday at aseanonlinesaleday.com, gathering some 150 regional firms who offer goods and services at promotional prices. Initiated by Vietnam as Chair of ASEAN in 2020, the event marks the founding anniversary of the bloc (August 8) and aims to promote cross-border e-commerce within the grouping, […]
Read MoreMANILA, Philippines — Despite fresh data showing the economy sank into recession last quarter, there is no pressure on the Bangko Sentral ng Pilpinas (BSP) to further deploy monetary stimulus to assist on recovery from the pandemic. Ahead of the central bank’s policy meeting on Aug. 20, BSP Governor Benjamin Diokno signaled monetary authorities are […]
Read MoreJapan-backed Patimban Port in Subang, West Java is now scheduled for partial operation in November, while its first development phase will reach completion by October despite previous delays, Transportation Minister Budi Karya Sumadi has stated. The port is located about 70 kilometers from the Karawang industrial estate in West Java, where many Japanese companies have […]
Read MoreThe free trade agreement (FTA) between Cambodia and China will undoubtedly promote stronger trade and investment ties between the two countries, Cambodia’s Commerce Minister Pan Sorasak said in a recent interview with Chinese media. The two sides wrapped up their negotiations on the bilateral FTA on July 20. Sorasak said the agreement means a lot […]
Read MoreSelling goods through live streaming, which has exploded in the Chinese market, has become popular in Southeast Asia, including in Vietnam, reported Nhip Cau Dau Tu (nhipcaudautu.vn). Appearing in Vietnam in late 2018, selling goods through live streaming promises to become a leading sales platform for online retailers. Many livestream accounts have seen record high […]
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Thailand
