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Search Result for “e-commerce”

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GENERAL

Indonesia to ban goods transactions on social media

Reuters, Published on 13/09/2023

» JAKARTA - Indonesia is planning to ban goods transactions on social media under new trade regulations, the deputy trade minister told a parliamentary hearing on Tuesday.

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TECH

TikTok to invest billions of dollars in Southeast Asia

Reuters, Published on 15/06/2023

» JAKARTA: Short video app TikTok, owned by China's ByteDance, said on Thursday it would invest billions of United States dollars in Southeast Asia over the next few years, as it doubles down on the region amid intensifying global scrutiny over its data security.

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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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WORLD

Indonesia preparing tough new curbs for online platforms

Reuters, Published on 23/03/2022

» SINGAPORE/JAKARTA: Indonesia is readying tough new rules that will allow it to fine and criminally charge internet and social media platforms, sources with direct knowledge of the matter said, potentially slowing online firms' rapid growth in a $70 billion market.

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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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WORLD

First all-civilian crew launched into Earth orbit aboard SpaceX Dragon

Reuters, Published on 16/09/2021

» CAPE CANAVERAL, Florida: A SpaceX rocket ship blasted off from Florida on Wednesday carrying a billionaire e-commerce executive and three less-wealthy private citizens he chose to join him in the first all-civilian crew ever launched into Earth orbit.

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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.