The Hanoitimes – The Vietnamese e-commerce industry has experienced a lot of sudden changes due to the influence of Covid-19, according to a latest report by iPrice Group. Product categories, which are traditionally the “golden eggs” of the Vietnamese e-commerce industry such as fashion and electronics, were affected negatively during the pandemic, according to the latest […]
Read MoreParkson, a Malaysian retail giant which has stories in many Asian counties, failed to contest a case initiated against them in Cambodia for a failed department store venture. Parkson Holding’s Bhd (listed in the Kuala Lumpur stock Exchange) Cambodia unit, Parkson (Cambodia) Co Ltd (PCCO) was ordered to pay $144.5 million to a company owned […]
Read MoreSINGAPORE – The number of visitors to Singapore plummeted to about 240,000 in March, the lowest since the Sars outbreak hit the Republic in 2003. The number of arrivals last month represents an 85 per cent year-on-year drop, according to figures published by the Singapore Tourism Board (STB) on the Singapore Tourism Analytics Network website. […]
Read MoreBank Indonesia (BI) has injected Rp 503.8 trillion (US$32.7 billion) into banks and the debt market to stabilize the rupiah and help support the government’s financing needs to combat the economic shocks of the COVID-19 pandemic. BI Governor Perry Warjiyo said that banks would be obliged to buy government bonds after the central bank freed […]
Read MoreThe coronavirus outbreak is spurring the adoption of e-document signing as more people work from home during the pandemic, says e-commerce pioneer Pawoot Pongvitayapanu. “E-signing has become the new normal over the past two months,” said Mr Pawoot, co-founder of local startup Creden, which provides online authentication using e-KYC (electronic Know Your Customer) technology. Mr […]
Read MoreMANILA, Philippines — Vehicle importers in the country expect total sales to fall 40 percent this year amid disruptions caused by the coronavirus disease 2019 or COVID-19 crisis. “The local industry is reeling from this invisible enemy as vehicle manufacturing, importation, distribution and maintenance have stopped completely. Demand has likewise declined as consumers spend on […]
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Thailand
