Showing 1 - 10 of 20
Transforming the face of Chinese tech
Asia focus, Suwatchai Songwanich, Published on 26/04/2021
» China's technology industry is at a crossroads. In the middle of the Covid crisis last year, Chinese tech companies were booming as people embraced online services, entertainment and shopping. This led to a sharp rise in profits for the parent companies and soaring share prices.
Teaming up for the future of digital currency
Asia focus, Suwatchai Songwanich, Published on 15/03/2021
» China recently joined the United Arab Emirates, Hong Kong and the Bank of Thailand in a joint project that aims to get more Asian central banks to explore the potential of distributed ledger technology, also known as blockchain, to enhance the digital financial infrastructure for cross-border payments.
What's next for Asian aviation?
Asia focus, Suwatchai Songwanich, Published on 08/03/2021
» The recent resurgence of Covid-19 infections across the region has snuffed out hopes that demand for travel will returning to pre-pandemic levels anytime soon. Last month, seat occupancy on Thai carriers fell to 13% of pre-virus levels, after an initial bump up to 46% in late December.
Vietnam's clever rice strategy
Asia focus, Suwatchai Songwanich, Published on 25/01/2021
» Vietnam, the world's second largest rice exporter, this month made a surprising move by starting to import the grain from India. It is importing the cheaper Indian rice to meet domestic demand while saving its own output, which is currently selling at a multi-year high, for the export market.
The future of agriculture is live streaming
Asia focus, Suwatchai Songwanich, Published on 14/12/2020
» E-commerce is a way of life for retail in China, but until recently it had barely touched the agricultural industry, one of the country's least innovative sectors. But this changed the past year with the pandemic accelerating farmers' move online.
What the RCEP will mean
Asia focus, Suwatchai Songwanich, Published on 23/11/2020
» The long-awaited Regional Comprehensive Economic Partnership (RCEP) was finally signed on Nov 15 during a virtual meeting between leaders of the 10 Asean member states and five dialogue partners — China, Japan, South Korea, Australia and New Zealand.
China's e-commerce evolution
Asia focus, Suwatchai Songwanich, Published on 28/09/2020
» China's government is preparing to accelerate the growth of its already rapidly expanding e-commerce sector by establishing 15 new national e-commerce demonstration bases. These are industry clusters for e-commerce companies and the incubation platforms needed to foster the sector's development.
Brands jump on China's Qixi Festival
Asia focus, Suwatchai Songwanich, Published on 21/09/2020
» The Qixi Festival or "Double Seven Festival" is China's Valentine's Day, falling on the seventh day of the seventh month in the lunar calendar -- Aug 25 this year. Celebrating a 2,000-year-old love story in Chinese mythology, Qixi has turned into a major shopping and gift-giving occasion that could rival Singles Day in November.
China steps up as digital currency pioneer
Asia focus, Suwatchai Songwanich, Published on 14/09/2020
» The People's Bank of China is blazing a new virtual trail with pilot tests of its national digital currency around the country. Digital Currency Electronic Payment (DCEP), the digital version of the renminbi, will be tested in Shenzhen, Suzhou, Xiongan and Chengdu and at venues of the 2022 Winter Olympics scheduled for Beijing and vicinity.
Southeast Asia's fruit express to China
Asia focus, Suwatchai Songwanich, Published on 15/06/2020
» China has become a major destination for fruit exports from Asean, with Guangxi, Guangdong, Yunnan and Hunan provinces in the south emerging as key markets thanks to their geographical proximity and close trade with Southeast Asian countries.