Southeast Asia’s centennials prefer to research products and shop online, while still choosing to pay with cash on delivery, a recent survey has found. Global communications network Dentsu Aegis Network, in collaboration research agency Econsultancy, launched at the end of October a survey titled “Here Comes the Centennial: Southeast Asia’s New Generation of Shoppers”, which […]
Read MoreThe rumblings of a currency crisis are being heard in emerging markets and are only getting louder. Argentina’s Central Bank raised interest rates to 40 per cent to protect its peso in May 2018. When this did little to help, Argentina took out a US$50 billion credit line from the International Monetary Fund (IMF). Turkey stated in […]
Read MoreAPPROVAL will be sought from the Cabinet for investment of over Bt20 billion for a southern corridor that will connect with the Eastern Economic Corridor (EEC) in order to forge a massive trade hub linking the Pacific and Indian oceans. Meanwhile, the first draft of a city plan for the EEC will be ready for […]
Read MoreCountries backing the Regional Comprehensive Economic Partnership (RCEP) have resolved 17 trade issues this year, while leaving unfinished matters to reach finalisation next year. RCEP is the proposed free trade agreement (FTA) between ten members of Asean – Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam, and six AsiaPacific states with […]
Read MoreGLOBAL trade tensions continue to dominate this year’s headlines and the shift of production to efficient Asean countries is accelerating. Asean businesses are clearly paying attention and are making incremental changes to their supply chains, but is the pace of change fast enough? HSBC’s global Navigator survey – which was launched this week and included […]
Read MoreState-owned cement producer PT Semen Indonesia (SI) president director Hendi Prio Santoso says the company will be able to produce 53 million tons of cement following the company’s acquisition of PT Holcim Indonesia. “Semen Indonesia alone controls 40 percent of the cement market in Indonesia, while Holcim controls 15 percent of the market. It means […]
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Thailand
