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BUSINESS

Chinese wine sales go digital

Asia focus, Suwatchai Songwanich, Published on 27/04/2020

» With restaurants and bars closed, homebound wine drinkers are creating a surge in online wine sales around the world. While the category had previously lagged other consumer products in e-commerce, recent changes such as working from home and social distancing necessitated by the Covid-19 pandemic have led to wine sales catching up.

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BUSINESS

Opportunity amid crisis

Asia focus, Suwatchai Songwanich, Published on 13/04/2020

» While many industries around the world continue to be affected by the ongoing Covid-19 outbreak, certain business sectors have benefitted from people and companies changing their behaviour in reaction to the pandemic.

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BUSINESS

Can China's remote workers switch off?

Asia focus, Suwatchai Songwanich, Published on 23/03/2020

» The global impact of Covid-19 has seen millions of employees leave their office environments and work remotely from home, hinting at a fundamental transformation of how companies operate. In China, however, workers in the tech industry are finding that working from home can be even more relentless than their already challenging "996" schedule -- which involves working from 9am to 9pm, six days a week.

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BUSINESS

Using technology to fight Covid-19

Asia focus, Suwatchai Songwanich, Published on 02/03/2020

» While it's clear that the Covid-19 virus and story will not be going away for some time, the way in which people and companies are responding to the crisis is providing us with some positive outcomes and solutions that we can apply to other parts of our lives.

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BUSINESS

How can we learn from the coronavirus?

Asia focus, Suwatchai Songwanich, Published on 17/02/2020

» The negative effects of the new coronavirus, now officially known as Covid-19, have been rippling through the regional economy ever since it was first identified in China at the beginning of this year.

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BUSINESS

China 'faces up' to payment tech

Asia focus, Suwatchai Songwanich, Published on 10/02/2020

» About half of China's population is expected to adopt payment by facial recognition, the next technological stage in a country where mobile payments are already the most advanced and ubiquitous in the world, within this year. About 118 million Chinese signed up for facial recognition payment last year, compared with 61 million in 2018.

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BUSINESS

Online dating starts to take off in China

Asia focus, Suwatchai Songwanich, Published on 03/02/2020

» Revenue from the online dating industry in China is forecast to reach US$230 million this year as young people continue to shift away from traditional matchmaking patterns. Nearly half of the country's 200 million unmarried people are expected to use online dating platforms by 2022 as young and independent singles are successfully using apps to find a romantic match.

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BUSINESS

The race to space heats up

Asia focus, Suwatchai Songwanich, Published on 13/01/2020

» As the last decade ended, China successfully launched Long March 5, its largest carrier rocket and a key milestone for its planned mission to Mars later this year. This followed the achievement of being the first country to land a spacecraft on the far side of the moon, cementing China's place as a serious contender in 21st century space exploration -- a race that is certainly heating up.

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BUSINESS

Future still bright for China's book industry

Asia focus, Suwatchai Songwanich, Published on 02/12/2019

» Reading remains a favourite pastime for people of all ages around the world, including in China. The country's book industry has recorded strong growth over the past few years, with sales value rising by almost 11% in the first half of this year, according to a report by Open Book, a Beijing-based research firm.

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BUSINESS

China's medical apps eye Asean

Asia focus, Suwatchai Songwanich, Published on 18/11/2019

» China's largest online healthcare platform, Ping An Good Doctor, is setting its sights on Southeast Asian expansion to tap growing regional demand for healthcare services and cater to the increasing number of middle-class mainland Chinese who are travelling to the region for medical treatment.