Thailand’s shipments of wearables grew 47.3% year-on-year to 3.46 million units in 2020 despite the pandemic as Chinese smartphone vendors made forays into this segment, according to International Data Corporation (IDC), a tech market research firm. The growth was supported by strong uptake of earwear, which grew 97% to 1.3 million units in 2020. In […]
Read MoreThough the pandemic has affected many tenants, demand for office space in Bangkok in the first quarter remained strong, driven by the growth of e-commerce, tech and logistics businesses. Phattarachai Taweewong, research and communication director at property consultant Colliers Thailand, said demand for Bangkok office space remained robust, although there was a drop in the […]
Read MoreAs the capital enters its fifth day of lockdown, Phnom Penh Municipal Hall has agreed to work with online food and delivery organisations to ensure services continue during lockdowns. Nham24 founder Chann Borima confirmed that the first two days of lockdowns had affected business operations and delivery services for every online delivery company operating in […]
Read MoreMANILA, Philippines — The government settled less of its local and foreign obligations in February, with payments reaching P33.3 billion during the month, according to the Bureau of the Treasury (BTr). Debt payments in February were more than four times lower than the P144.64 billion in February 2020, as less amortizations were made. The bulk […]
Read MoreIn Vietnam, over half of businesses have turned to digital platforms to adapt to the new context amid the Covid-19 pandemic. Shawn Tan, economist from the World Bank’s Finance, Competitiveness and Innovation Global Practice, said the digital economy is becoming more important, especially amid the pandemic. “Digital technologies allow businesses to better adapt to the […]
Read MoreThe Industrial Estate Authority of Thailand (IEAT) has seen land sales and leases decrease by 66.1% in the first six months of fiscal 2021, attributed to the impact of Covid-19, though investment value is still on the rise. From October 2020 to March 2021, investment value increased to 106 billion baht, a 288% increase year-on-year. […]
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Thailand
