In December, it was revealed that the government of Thailand had passed a bill that it hoped would ensure more effective tax collection, especially from e-commerce businesses.
As we enter the Fourth Industrial Revolution and practically everything is moving online, the importance of e-commerce is heightened now more than ever before. E-commerce, in fact, is quickly becoming the primary mode of business and trade around the world - ASEAN included.
Mobile is the future, and this is especially the case in ASEAN member states. As a matter of fact, e-commerce logistics management platform, Parcel Perform, recently noted that emerging markets like Myanmar and Thailand are seeing rapid growth in mobile marketing.
Malaysia’s tech start-up community now has a home to call its own with the launch of the HLX on Thursday, an integrated innovation centre for start-ups to collaborate with corporates to get access, coaching, funding and mentoring in one space.
Indonesia is one of the region’s best success stories. Despite having faced economic turmoil during the Asian Financial Crisis of 1997 under the authoritarian Suharto regime, Indonesia is today one of the fastest growing economies in the world. The main focus of its economy has been the export of goods such as textiles, automobiles, electrical appliances, and oil and gas.
Southeast Asia is home to some of the world’s fastest expanding economies, with a combined economy about the size of the United Kingdom’s (UK’s) or US$2.6 trillion. Armed with a younger, urbanised and more affluent consumer base, the region continues to grow at a phenomenal pace.
Southeast Asians are spending more on Valentine’s Day, with new research confirming that the most romantic day of the year is becoming increasingly commercialised.
A recent report revealed that the government of Thailand has passed a bill that it hopes will ensure more effective tax collection, especially from e-commerce businesses.
Indonesia is one of the region’s best success stories. Despite having faced economic turmoil in the 1997 Asian Financial Crisis under the authoritarian Suharto regime, Indonesia is today one of the fastest growing economies in the world.