The Asian Development Bank (ADB) regards the continued buildup of credit in Cambodia real estate and related businesses as a risk that could disrupt the country’s economic growth. According to an ADB report from last Wednesday, the Cambodian economy remains on track and is expected to expand seven percent this year due to continued strength […]
Read MoreThe Hanoitimes – To date, Saigon Beer Alcohol Beverage Corp (Sabeco) only has two major shareholders, including Vietnam Beverage with a 53.59% stake and the Ministry of Industry and Trade (MoIT) being state capital representative at the brewer with 36%. The rumors that shares of Vietnam’s major brewer Saigon Beer Alcohol Beverage Corp (Sabeco) have been […]
Read MoreAlthough more than 40 percent of Myanmar consumers expect to utilise cashless payment in the coming year, awareness of contactless and QR systems is still low, according to a recent study by Visa exploring Myanmar consumers’ perception, attitudes, and behaviours towards payment and new payment systems. The study surveyed 504 people across Yangon, Pathein, Mandalay […]
Read MoreMalaysia’s competition watchdog on Thursday threatened to hit Grab with a $21 million fine for practices that allegedly reduce competition, the latest problem for the ride-hailing giant. Grab is the biggest ride-hailing firm in Southeast Asia, and has strengthened its hold on the market since buying US rival Uber’s operations in the region last year. […]
Read MoreTHE e-commerce and logistics sector accounted for 44 per cent – the biggest chunk – of occupied warehouse space in Singapore, according to a Colliers International report on Thursday. The third-party logistics (3PL) and logistics sector comprise e-commerce firms, freight forwarders, transport agents, supply chain and logistics support companies, delivery services and storage services. Other warehouse […]
Read MorePETALING JAYA: Tax revenue could increase by more than RM2.4bil a year should foreign digital service providers register for the 6% service tax that is set to be implemented from Jan 1 next year. “We are expecting the big boys to start registering with us. The registration (with the customs department) started yesterday and we […]
Read More
Thailand
