MANILA, Philippines — The Philippines is expected to be the fastest growing economy in Southeast Asia and second fastest in the world over the next two years as it remains resilient to external shocks, according to the latest World Economic Outlook released by the International Monetary Fund (IMF). YongZheng Yang, IMF resident representative for the […]
Read MoreThe e-commerce boom and customer demand for same- and next-day delivery have forced e-commerce companies and their logistics partners to streamline both their warehousing needs and delivery models to remain competitive in this rapidly changing industry. Prior to the rapid expansion of e-commerce, large retailers did not have warehousing and logistics networks in place to deliver […]
Read MoreBangkok has moved into the top 50 most expensive locations in Asia for business travel for the first time. This was one of the findings of the latest “Daily Rates” research published by ECA International, the leading provider of knowledge, information and software for the management and assignment of employees around the world. The average […]
Read MoreTEMPO.CO, Jakarta – According to the Indonesian online transport service association (PPTJDI) Chairman Igun Wicaksono, online taxi drivers have requested for ride-hailing app companies, Grab and GoJek, to raise its tariff to an acceptable Rp3,000-Rp4,000 per kilometer from the existing Rp1,600 per kilometer. According to Igun, drivers that are joined in the PPTJDI and the two-wheel movement (Garda) […]
Read MoreTEMPO.CO, Yogyakarta – The Royal Silk Indonesia Foundation revealed that Indonesia’s dependence on silk materials from China has a major impact on batik craftsmen and other markets that rely on silk as its main production material. Currently, 98 percent of the raw silk materials used by Indonesian craftsmen are originated from China. “Within the past two to three years, […]
Read MoreThe Cabinet approved a plan on Tuesday to offer tax incentives to encourage mergers among the country’s commercial banks, a move that will help them better compete with their larger regional rivals. The incentives include tax breaks for shareholders with stakes in commercial banks. “When you compare it to large banks in the region, such […]
Read More
Thailand
