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Showing 1-10 of 10 results
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Banking on the unbanked
Asia focus, Suwatchai Songwanich, Published on 22/02/2021
» Southeast Asia's fintech scene is going from strength to strength, with the regional industry valued at up to US$100 billion at the end of last year. Yet it has so far only produced a handful of unicorns -- startups valued at more than $1 billion.
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China now tops world's movie market
Asia focus, Suwatchai Songwanich, Published on 28/12/2020
» China recently surpassed the United States to become the world's biggest movie market by ticket sales for the first time. China recorded box-office revenue of US$1.99 billion from January to October, topping US sales of $1.94 billion.
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China conquers the gaming universe
Asia focus, Suwatchai Songwanich, Published on 07/12/2020
» Tencent's flagship video game Honour of Kings has become the first online game ever to average more than 100 million daily active users. It was also the world's most lucrative mobile game in September with approximately US$240 million in sales.
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China's electric vehicle showdown
Asia focus, Suwatchai Songwanich, Published on 27/07/2020
» Nissan recently unveiled the Ariya, a new all-electric sport utility vehicle (SUV), the first of a new generation of electric vehicles intended to improve the performance of the struggling Japanese carmaker.
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China confronts its economic challenges
Asia focus, Suwatchai Songwanich, Published on 08/06/2020
» In an unprecedented move, China has decided not to set an economic growth target for this year. The economy contracted by 6.8% in the first quarter and, if growth in the second quarter is also negative, the country will officially be in recession for the first time in more than four decades.
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Can Thai fruit restore economic health?
Asia focus, Suwatchai Songwanich, Published on 09/03/2020
» Thailand's fruit exporters are anxiously hoping that the worst effects of the Covid-19 outbreak will soon be over, as otherwise fruit sales will become another casualty of the virus. Fruit exports have been a star performer for Thailand over the past couple of years, driven mainly by demand from China. In 2018 Thailand's fresh fruit exports to China rose by almost 50% to 700,000 tonnes, and in the first half of last year they rose by a further 123%.
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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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Food delivery needs to get greener
Asia focus, Suwatchai Songwanich, Published on 06/01/2020
» China is home to the world's largest online food delivery market, estimated to be worth US$37 billion in 2019, with rapid growth at 35% year-on-year in the third quarter alone. An online poll by National Business Daily found almost 23% of respondents ordered takeaway food every day, with nearly 52% saying they ordered it one to five times a week.
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Haze-plagued Asean should learn from China
Asia focus, Suwatchai Songwanich, Published on 07/10/2019
» Forest fires have raged in Indonesia in recent weeks, resulting in choking haze in Malaysia, Singapore, the Philippines and the southern Thai provinces of Yala and Songkhla. Bangkok last Monday also experienced thick smog, with IQAir AirVisual ranking it the third worst major city in the world for air pollution.
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Exporting traditional Chinese medicine worldwide
Asia focus, Suwatchai Songwanich, Published on 30/09/2019
» Traditional Chinese medicine (TCM) has become a key multi-billion-dollar export from China with a footprint spanning 183 countries and regions.
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