Cambodia’s economy remained robust, underpinned by solid export performance and strong domestic demand, even as real growth is expected to decelerate to 7.0 per cent this year from 7.5 per cent last year, the latest World Bank Cambodia Economic Update said on Wednesday. Garment and footwear exports, which account for around 70 per cent of […]
Read MoreThe Financial Regulatory Department today awarded licences to five foreign insurers and half a dozen joint ventures to operate in the Myanmar market. British Prudential, Japanese Dai-ichi Life, Hong Kong AIA, US Chubb and Canadian Manulife have been permitted to issue life insurance policies in Myanmar with their fully-owned subsidiary, more than half a year […]
Read MoreThe direct-to-consumer model is expected to gather steam next year as a new approach for brands to reach customers directly without relying on retailers or the e-marketplace, says Songpol Shanmatkit, chief executive of SET-listed TV Direct, a home shopping operator. Mr Songpol said retail shops are burdened by rental space fees amid the sluggish economy. […]
Read MoreMANILA, Philippines — Filipinos spent more during 2019’s “11.11” shopping bonanza compared to the previous year, and they may shell out more cash on discounted items for the “12.12” sale amid robust demand ahead of Christmas day. Data compiled by online shopping aggregator iPrice Group showed that Filipino consumers spent an average of P1,217 on this […]
Read MoreSINGAPORE and Laos have inked an agreement to collaborate in the area of intellectual property (IP), allowing companies in both countries swifter access to a combined market of some 12.5 million people. A memorandum of cooperation was signed on Wednesday between Dr Khanlasy Keobounphanh, director general of the Department of IP (DIP) at the Ministry of Science […]
Read MoreThailand is in the pole position for social commerce in the world, says price-comparing website Priceza, and local merchants should drive towards unique and value-added products to stay competitive in the market. The country’s e-commerce market is expected to continue flourishing, driven by subsidised prices offered by giant e-marketplaces. “Thailand’s e-commerce will continue to grow […]
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