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Search Result for “e-commerce”

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BUSINESS

Central Group plans $1.3bn push in Europe after Selfridges

Reuters, Published on 06/09/2022

» Thailand's biggest retailer Central Group said on Tuesday it planned to expand its footprint in Europe further with investments worth nearly €1.3 billion euros (US$1.29 billion) over five years in new stores, upgrades and e-commerce.

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BUSINESS

Digital, circular economy can earn Thailand B110bn a year extra - World Bank

Reuters, Published on 22/02/2022

» Digital and disruptive technologies and development of a circular economy can earn Thailand up to 110.1 billion baht (US$3.4 billion) each year in additional investments, savings and revenue, the World Bank said on Tuesday.

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BUSINESS

Southeast Asian internet economy to hit $1trln by 2030, report says

Reuters, Published on 10/11/2021

» SINGAPORE: Southeast Asia's internet economy is forecast to reach US$1 trillion by 2030, as tens of millions more people take up online shopping and embrace food delivery, according to an industry report released on Wednesday.

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BUSINESS

Australia, New Zealand ratify regional free trade pact

Reuters, Published on 03/11/2021

» MELBOURNE: Australia and New Zealand have ratified the world's biggest free trade deal among southeast Asian nations and their major trading partners, ministers for both nations said on Wednesday.

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BUSINESS

Malaysia's AirAsia to buy Gojek's Thai business for $50m in shares

Reuters, Published on 07/07/2021

» KUALA LUMPUR/SINGAPORE: Malaysian budget carrier AirAsia Group will buy Indonesian ride-hailing and payments firm Gojek's business in Thailand in return for $50 million of shares in part of the airline's digital business, the companies said on Wednesday.

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BUSINESS

Delivery startup Flash becomes first Thai 'unicorn'

Reuters, Published on 01/06/2021

» Thai logistics startup Flash Group on Tuesday reported its latest round of fundraising had generated $150 million (4.7 billion baht), which it said pushed its overall value beyond the $1 billion mark, reflecting a surge in e-commerce demand.

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BUSINESS

AirAsia's digital platform eyes more airline partnerships

Reuters, Published on 13/01/2021

» KUALA LUMPUR: Malaysian budget carrier AirAsia Group's travel, e-commerce and fintech unit airasia.com is in partnership talks with several Middle Eastern and European airlines, its chief executive said on Wednesday.

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BUSINESS

New blank-cheque firms arm up for Asian unicorn hunt

Reuters, Published on 22/12/2020

» SINGAPORE/HONG KONG: A new fundraising frenzy that swept Wall Street this year looks set to take hold in Asia with more than a dozen special purpose acquisition companies, or SPACs, on the hunt for fast-growing technology firms that are ready to go public.

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BUSINESS

SE Asia's internet economy 'to cross $100bn this year'

Reuters, Published on 10/11/2020

» SINGAPORE: Southeast Asia's internet economy will hit $105 billion this year, as the coronavirus crisis prompted stuck-at-home consumers to go online to shop, get food delivered at home and for entertainment purposes, an industry report said on Tuesday.

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BUSINESS

Taxing internet firms gets first green light

Reuters, Published on 09/06/2020

» The cabinet has approved a draft bill requiring foreign digital service providers to pay a value-added tax (VAT), making Thailand the latest country in Southeast Asia to seek to boost tax revenue from international technology companies.