Mobile apps are playing a vital role in the development of e-commerce. According to a report by Google and Temasek, there are more than 350 million internet users in the six largest markets in Southeast Asia (Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam). More importantly, more than 90% of Southeast Asians connect to the internet […]
Read MoreSoutheast Asia cannot expect to see a wide-scale divergence of supply chains moving to the region unless there are improvements in technology, capacity and regional integration, said HSBC. There has been widespread sentiment that the supply chains of businesses are starting to shift to Southeast Asia (SEA) en masse, on the back of the trade […]
Read MoreA discussion over the global economic outlook usually revolves around the likes of the US, Europe, Japan, China and India. But another economic powerhouse has emerged. Fueled by wealth creation and consumption, and an extremely digitally-savvy and sizable young population, ASEAN is an economic and digital force to be reckoned with. As a regional bloc, it […]
Read MorePETALING JAYA: South-East Asia’s Internet economy hits an inflection point in 2018 by garnering US$72bil (RM300.6bil) in gross merchandise value (GMV). E-commerce has been the fastest growing sector – reaching US$23bil in 2018 and expected to exceed US$100bil in GMV by 2025.These were some of the insights revealed by meta-search price comparison website, iPrice Group […]
Read MoreHONG KONG, May 16 (Xinhua) — Those parts relating to Hong Kong and five Association of Southeast Asian Nations (ASEAN) member states, under the Investment Agreement (IA) between Hong Kong and ASEAN, will enter into force on June 17, a spokesman for China’s Hong Kong Special Administrative Region (HKSAR) government said on Thursday. Upon the […]
Read MoreOn my first visit to Indonesia nine years ago, I had to pay for my outbound airline ticket using cash (rupiah) at a travel agency because local carriers didn’t accept online payments. In fact, at that time, most cafes wouldn’t accept credit cards and online purchases were non-existent. Fast forward to today, and there are […]
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Thailand
