Is eCommerce dying?
The eCommerce industry is experiencing more lows. As the pandemic-fueled boom fades and customers return to physical stores, many large eCommerce retailers are reporting lower...
Oil Palm Farmers in Indonesia back Jokowi’s move to ban palm oil exports
INDONESIA'S Oil Palm Farmers Union said on Sunday (Apr 24) that it supports the government's ban on palm oil exports The union calls it a...
Thailand telecoms megamerger gets shareholders approval
The shareholders of Thailand's second and third mobile telecom operators by the number of subscribers approved on Monday the merger of their two companies. True...
Cambodia and Philippines sign cooperation agreement
Cambodia and the Philippines have reaffirmed their commitment to enhancing economic relations between the two ASEAN countries. Both nations will achieve this by boosting bilateral...
Grab’s shares tumble in U.S. debut after record SPAC deal
Grab's shares tumbled and lost almost a quarter of their value on their first day of trading in New York. Grab's shares rose minutes after...
FPIT and Rojana Industrial Park prepare more field hospitals
Frasers Property Industrial (Thailand) Company Limited (“FPIT”) joins hands with Rojana Industrial Park Public Co., Ltd. to prepare a field hospital at Ayutthaya. FPIT is...
Philippine Airlines (PAL) files for bankruptcy
(Bloomberg, New York) Philippine Airlines Inc. (PAL) filed for Chapter 11 bankruptcy in New York. The Philippines main carrier filed it together with a lender-supported...
Malaysia Finance Ministry to publish a PBS for the first time
The Malaysian Ministry of Finance (MOF) has agreed to publish a Pre-Budget Statement (PBS) for Budget 2022. This PBS is the first in the nation’s...
Krungsri Bank enters Vietnam via acquisition of SHB
Krungsri (Bank of Ayudhya PCL) announced today that it has reached an agreement with Saigon-Hanoi Commercial Joint Stock Bank (“SHB”). The deal is to purchase...
AirAsia Group is 100% vaccinated and ready to fly
AirAsia Group is 100% vaccinated and ready to fly. Its operating crew and frontline staff were fully vaccinated. AirAsia Group also roles out numerous contactless...