Press Releases -> Business / Economy Syndicate content

May 19, 2017

There has been some heated controversy going on amid the successful start of Amazon in India. The marketplace giant launched with better than expected numbers coming in, but Flipkart, Amazon’s major rival in India, has made an amazing turnaround and so the race is on. For the past several years the economy in India...

May 17, 2017

Q1 economic growth in China was forecast at 6.8%, but the actual figure came in at 6.9% on April 17, 2017. For the quarter ending in March, Chinese GDP grew at a year-on-year rate of 6.9%, up 0.1% from Q4, 2016. Those GDP growth...

May 11, 2017

In the third batch of Free Trade Zones (FTZ) announced by vice minister of Commerce, Wang Shouwen seven more will be added to bring the number to thirteen. This time the provinces included are mainly located in the inland region.

The provinces selected are Liaoning, Zhejiang, Henan, Hubei, Sichuan and...

May 10, 2017

Tourism Authority of Thailand (TAT) pleases both Thai and foreign tourists who are enchanted with the Thai tradition to prepare for backpacking all year round. Lately, more than 20 superb tourist activities are arranged throughout June and July in order to create a flow of Thailand festival experience by grouping...

May 06, 2017

Warning that despite a broadly positive economic outlook for 2017, Asia-Pacific economies are vulnerable to rising global uncertainty and trade protectionism, the United Nations social and economic development arm in the region has called for better governance and stronger fiscal management to sustain and improve...

Apr 28, 2017

Thailand’s business events destined to open brilliant business opportunities for all international connection.

BANGKOK 26 April 2017: Thailand Convention and Exhibitions Bureau, or TCEB, announced a strategy to position Thailand as a top MICE destination in Asia, during the World Travel and Tourism Council...

Apr 27, 2017

China has always been a lucrative market for the e-commerce business with its 770 million+ working population and their love for shopping online. The real situation, on the other hand, is a little different than what someone inexperienced with the Chinese market might presume. Although it is the biggest e-commerce...

Apr 22, 2017

In what has been labeled a cleanup of sidewalks for convenience and hygiene reasons, Thailand’s junta through the Bangkok Metropolitan Administration plans to eliminate the ubiquitous food stalls on the street of the Asian multi-million metropolis famous for its fabulous mix of tastes and odours out in the open.

Apr 21, 2017

Singapore, 17 April 2017 - Changi Airport Group (CAG), Singapore Airlines (SIA) and Singapore Tourism Board (STB) will take an ongoing joint partnership, aimed at promoting inbound travel, to new heights.

Under a renewed three-year partnership, the three parties will jointly invest $33.75 million, the...

Apr 10, 2017

Vietnam seeks to deploy India’s model for a digital economy in order to boost its own information technology landscape. This will be done through a closer cooperation between the two countries which would result in Indian IT companies invest in Vietnam and provide advisory for the Vietnam IT sector and the...

Mar 30, 2017

For the past nine years, Taiwan’s machinery industry has tried to break the trillion- dollar mark in terms of annual output, but so far this challenge has proven insurmountable. This year might be different. Why?

Mar 30, 2017

The Southeast Asian market is highly related to Taiwan's auto-parts industry. In addition, in line with the government's New Southbound Policy, the Ministry of Economic Affairs (MOEA) organized "Explore Your Business Opportunities - Taiwan’s Auto Parts Industry and Related Trade Shows Seminar" in Kuala Lumpur,...

Mar 29, 2017

SINGAPORE - YPO, the world's premier peer network of chief executives, announced today that Singapore will be the host city for YPO's flagship event, YPO EDGE, bringing more than 2,700 young business leaders and delegates to the city in March 2018 and marking the second time Singapore will host YPO's landmark...

Mar 26, 2017

Growing up, she dreamt of becoming a knight in shining armor defending the weak and downtrodden. As an adult, she worked to save mold maker Chaheng Precision Co. Ltd. from bankruptcy, transforming the conventional company into a Tier-1 supplier for the world’s leading aircraft makers.

In the decades-long...

Feb 21, 2017

Malaysia is set to welcome around one million health travelers in 2017, up from 860,000 last year, and generate respective revenue of $292 million, up 30 per cent compared with 2016, the Malaysia Healthcare Travel Council (MHTC) says.

Indonesia remains the top revenue contributor, accounting for 70 per cent...

Feb 08, 2017

China is continuing pro-globalization efforts despite global policy changes, notably in the White House. Let’s look at what China has done to improve its global ties politically and economically over the past few years and it’s positioning for continued growth and domination in the years to come.


Jan 22, 2017

Alibaba Cloud, the cloud computing arm of Alibaba Group, the National University of Singapore (NUS), and EZ-Link, Singapore’s largest issuer of Contactless e-Purse Application (CEPAS) compliant cards, today signed a Memorandum of Understanding to collaborate and boost Singapore’s smart computing and data-driven...

Jan 22, 2017

A Chinese construction consortium won a $2.7-billion contract to build a 133-story twin-tower commercial skyscraper in Phnom Penh which – at a height of 560 meters – would become the tallest twin tower in the world, surpassing the current record holder, Kuala Lumpur’s Petronas Towers, by 108 meters.

Jan 03, 2017

A dynamic business environment, evolving regulations, and weak due diligence are some of the challenges facing new business entrants in China.

Dec 28, 2016

Farmers in Myanmar, notoriously under-equipped with agricultural tools, made a virtue out of necessity of deploying 3D printing technology to create bespoke parts the can use to cultivate their fields and process their crops.

Dec 27, 2016

Just on the day when Indonesia’s central bank revealed newly designed rupiah notes that will replace the ones in use since the year 2000, the bank’s Senior Deputy Governor Mirza Adityaswara noted that plans for a re-denomination of the currency, first mulled in 2014, have been revived.

Dec 27, 2016

Bangkok, 22 December 2016 - TCEB today announced its 2017 MICE Development Plan, reflecting the Government's vision to drive the country towards stability, prosperity and sustainability.

Dec 21, 2016

With China among the world's largest e-commerce markets, digital businesses are facilitating cross-border sales between European vendors and mainland consumers.

For anyone involved in e-commerce, China is clearly the country to crack. In 2015, retail e-commerce sales in the Chinese mainland totaled US$672...