SINGAPORE, Nov. 5 (Xinhua) — Lazada Group, a leading e-commerce portal in Southeast Asia with the majority owned by Alibaba Group, said Monday that it will cultivate eight million e-commerce entrepreneurs and small-medium enterprises (SMEs) in Southeast Asia to grow and thrive by 2030. According to a press release from Lazada, the company also plans […]
Read MoreKUALA LUMPUR (Bernama) – ASEAN is one of the most bullish regions for trade and commercial activity, despite having the highest proportion of corporate which expect protectionism to rise, said HSBC Bank Malaysia Bhd. Chief Executive Officer Stuart Milne said ASEAN corporate were overwhelmingly bullish on their commercial prospects and fully expected protectionism to rise. “This […]
Read MoreSINGAPORE: Oil prices slipped on Tuesday as concerns that an economic slowdown may curb fuel demand growth overshadowed the reintroduction of sanctions on Iran. U.S. West Texas Intermediate (WTI) crude futures were at $62.93 a barrel at 0131 GMT, down 17 cents, or 0.3 percent, from their last settlement. International Brent crude oil futures were […]
Read MoreThe US-China tariff slugfest has for months triggered warnings that it could impact global economic growth, and recent data indicates the trade tension is indeed beginning to bite. Manufacturing gauges in several export-reliant Asian countries, as well as China, weakened in October as gloom deepens over the trade outlook. China’s official Purchasing Managers’ Index (PMI), […]
Read MoreLast year more than 40 billion packages were delivered in China – half the world’s global total. In other impressive statistics, China has 40 per cent of the road freight in OECD countries and around 24 per cent of rail freight. Given that logistics account for around 14 per cent of China’s GDP, well above […]
Read MoreGrowth prospects for Asean insurance markets look robust and are supported by strong socioeconomic fundamentals, says a report by Moody’s Investors Service. The study looked at six markets in Asean — Singapore, Thailand, Malaysia, Indonesia, Vietnam and the Philippines. While each market’s growth differed in pace and quality, the overall outlook was good for insurance. “The […]
Read More
Thailand
