Economy

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06/05/2024 WhatsApp’s new status update tray with previews is rolling out more widely in beta ( General )
02/05/2024 Shopee races past other e-commerce rivals ( E-Tailing )
30/04/2024 TikTok, Facebook, and other foreign service providers pay $575M in taxes ( General )
29/04/2024 Sacombank assures no loss on $141M loan to Bamboo Airways ( General )
29/04/2024 Skype rolls out update with new features for both Android and iOS ( General )
26/04/2024 Changi Airport Group awards OUE tender for lease and development of new hotel at Changi Airport Terminal 2 ( General )
26/04/2024 Korean Air to launch new route to Macau ( General )
26/04/2024 WhatsApp is working on an option to stop notifications when someone reacts to your status updates ( General )
24/04/2024 Puma to launch compostable shoes after a two-year pilot project ( Fashion )
24/04/2024 7-Eleven eyes 100,000 stores globally by 2030 ( General )
24/04/2024 Vietnam tops Southeast Asia in number of Apple suppliers ( Electronics )
24/04/2024 FPT and Nvidia to build $200M AI factory in Vietnam ( Electronics )
23/04/2024 Google Meet now lets users make annotations during presentations ( General )

Retail Asia25/05/2021

According to the IMF’s World Economic outlook, the global economic climate is becoming increasingly brighter. For example, global growth of 6% is now projected for 2021, with this incrementally higher than the previous forecast offered in October last year, However, the nature of the global coronavirus recovery is a little more complex, with some sectors […]

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Retail Asia20/05/2021

Experts say the government will find it difficult to rein in inflation this year as surging food and materials prices hurt citizens and businesses. Loan and her husband in HCMC’s District 5 spent around VND120,000- 200,000 ($5.22-8.70) per day last month on feeding their family of three, almost double that of the same time last […]

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Retail Asia19/05/2021

Following consecutive quarters of recovery, the latest setback means that Singapore’s full-year target of 6 percent GDP growth is unlikely. Hopes for a second-quarter expansion in Singapore’s economy have been dashed by a resurgence in the Covid-19 virus that has taken the city-state by surprise. The republic introduced tighter measures on Sunday to stem the […]

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Retail Asia05/05/2021

The share issuance value of listed companies as of mid-April this year was more than 1.6 times that of 2020 as businesses seek to expand operations. As of April 13, 54 listed companies have announced plans to issue more shares this year to raise nearly VND44.7 trillion ($1.94 billion), according to financial data provider FiinGroup. […]

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Retail Asia03/05/2021

The Business Climate Index of European companies in Vietnam has climbed back to near pre-pandemic levels amid the economic recovery. It rose 10.3 percentage points in the first quarter from the previous quarter to 73.9 percent, according to a survey released by the European Chamber of Commerce in Vietnam (EuroCham). This is the fourth straight […]

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Retail Asia26/04/2021

China launched an antitrust investigation into food delivery giant Meituan, the market regulator said on Monday, the latest target in a crackdown on the country’s sprawling internet platform economy. The State Administration for Market Regulation (SAMR) said in a statement that its investigation was focused on the practice whereby a company forces vendors to use […]

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Retail Asia24/03/2021

In response to the business community’s call for looser quarantine measures and a roadmap for reopening, the Hong Kong government remained insistent that the current status quo will remain until local vaccination rates rise significantly. The Hong Kong government met virtually with representatives of the business community last week, according to a report citing unnamed sources, […]

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Retail Asia18/03/2021

Forty-five percent of Vietnamese are worried about losing their jobs to machines in the future, a survey has found. Most respondents, 83 percent, think technology would change their jobs in the next 3-5 years, and 90 percent think that would happen in the next 6-10 years, according to the survey by global accounting giant PwC, […]

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Retail Asia10/03/2021

The World Bank will provide Vietnam with $86.3 million to support the development of a commercial financing market for investing in industrial energy efficiency. The provision includes a $8.3 million grant used to build private sector capacity to execute energy efficiency projects, the bank said in a statement. It will also provide technical assistance to […]

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Retail Asia01/02/2021

Vietnam outperformed its regional peers, including China, to become the top-performing economy in Asia in 2020. Though some economies have not yet reported fourth-quarter numbers, estimates compiled by the U.S. broadcaster from official sources and multilateral institutions like the International Monetary Fund found Vietnam was one of only three economies in Asia to achieve growth […]

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Retail Asia28/01/2021

Indian foreign direct investment in Vietnam is relatively modest because of the lack of trade promotion activities, says a deputy minister of planning and investment. “Bilateral trade and investment relationship has seen many positive results in recent times but is still not commensurate with the potentials of both countries,” said Tran Duy Dong said at […]

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Retail Asia20/01/2021

HSBC chairman Mark Tucker lauded the efforts of global governments in creating standards and definitions for sustainability but expressed concerns that they could potentially leave out Asian economies. According to Tucker, Asia is increasingly where global leadership is coming from» with regards to sustainability, citing China and Japan’s rise to drive global agendas in the […]

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Retail Asia18/01/2021

A government think tank has pegged economic growth at 6.46 percent this year thanks to the country’s success in containing the Covid-19 outbreak and maintaining stability. Vietnam is one of the fastest recovering economies in Asia, the Central Institute for Economic Management (CIEM) said in a report. In the best-case scenario, credit growth would be […]

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Retail Asia07/01/2021

HSBC has revised downward its Vietnam GDP growth forecast for 2021 from 8.1 percent to 7.8 percent, pointing to the slow recovery in tourism. Travel-related services such as accommodation and transportation remained in a deep slump, it said in a note. “There is nothing to be surprised when immigration restrictions are still in place, although […]

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Retail Asia05/01/2021

Vietnam’s economy is expected to grow five times, becoming the 19th largest economy in the world in 2035, a report says. Steady and consistent growth is set to help it go past major Asian economies like Taiwan and Thailand by 2035, U.K consultancy the Centre for Economics and Business Research (CEBR) said in its annual […]

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Retail Asia15/10/2020

The improvement came on the back of the phased re-opening of the economy, following the «circuit breaker» that was implemented between April 7 and June 1, 2020. Singapore’s gross domestic product (GDP) in the third quarter of 2020 grew by 7.9 percent from the quarter before, based on advance estimates released by the Ministry of […]

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Retail Asia27/08/2020

Eight casinos in Vietnam saw their combined revenues rise 60 percent from 2018 to VND2.5 trillion ($108 million) last year. These eight establishments were licensed before March 2017, when the government began a trial project allowing Vietnamese to gamble in local casinos, according to a recent report by the Ministry of Finance. Earlier, only foreigners […]

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Retail Asia20/08/2020

Visa, the world’s leader in digital payments, today announced the launch of “Team Shop Chat Thai” lucky draw campaign offering rewards to Visa cardholders. The campaign is a collaborative effort led by Visa, along with its bank and merchant partners, to stimulate local economic activities and support Thailand’s economic recovery. Under the campaign, Thai shoppers […]

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Retail Asia16/07/2020

Hit by the circuit breaker and widespread closures of businesses, Singapore has reported a 41.2-percent contraction in its economy for the second quarter of the year. Singapore has entered a technical recession, with its economy shrinking 12.6 percent year-on-year in the second quarter of 2020, following -0.3 percent growth in the first quarter, according to […]

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Retail Asia06/04/2020

Indonesia AirAsia has been forced to halt its growth plan for this year, as a result of the coronavirus pandemic and economic challenges faced by Indonesia. The plan for 2020 was for the low-cost carrier to increase its market share by adding three new aircraft and launching new services, having recorded a 28% growth in revenue for 2019 […]

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