Wholesale and Retail

Wholesale and Retail

Wholesale and Retail is a section of Business News on investvine.com
Grab to launch e-cash and Big Data-based micro lending in Thailand

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Ride hailing company Grab in its drive to expand in the financial services sector is planning to launch e-cash and micro lending in Thailand,...
Malaysia prepares nationwide ban of plastic bags

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The Malaysian government plans to introduce a nationwide ban of plastic bags within a year, preceded by an awareness campaign to “educate” the population...
Thailand’s growth forecast hiked to 4.5%, but substantial challenges remain

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Thailand’ finance ministry raised this year’s GDP growth forecast for the country to 4.5 per cent from an earlier 4.2 per cent on the...
Vietnam’s fintech market to reach $7.8 billion in value by 2020

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As financial technology startups, or fintechs, keep disrupting Vietnam’s financial services industry, their market value is expected to reach $7.8 billion in just two...
Malaysia’s new government to scrap GST by June 1

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Malaysia's finance ministry on May 16 announced that the unpopular Goods and Services Tax (GST) of six per cent will be discontinued from June...
Alibaba commits to $320-million investment in Thailand

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Alibaba Group on April 20 signed an agreement as scheduled with the Thai government to build a “Smart Digital Trading Hub” in the country,...
Kenya could show Thailand how to tackle its plastic trash problem

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The East African nation of Kenya has the potential to become a role model for Thailand when it comes to curb the exorbitant use...
Developer cashes in on Bangkok’s tallest building, sells core parts to King Power

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Thailand’s luxury property builder Pace Development sold key parts of Bangkok’s tallest skyscraper MahaNakhon Tower to domestic duty free retail company King Power, media...
Thai billionaire buys e-commerce portal Tarad, heating up competition

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Thai beverage, property, industrial, agriculture and retail conglomerate TCC Group said it is acquiring a majority stake in Tarad.com, a leading domestic e-marketplace operator...
Malaysia stops imports from North Korea, closes embassy in Pyongyang

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Two companies incorporated in Singapore are accused of having violated United Nations (UN) sanctions against North Korea by supplying luxury goods, including wine and...
Foreign investment in the Philippines hits another high

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The Philippines recorded another all-time high in foreign direct investments (FDI) in 2017, although the growth was substantially lower than in 2016. The volume...
Jakarta startup digitises street vendors with WiFi, smart tech

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An initiative by private investors in Indonesia aims at beefing up the kiosks of street vendors in Jakarta with smart technology and WiFi connections...
Vietnam to cooperate with Qatar in food security

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Vietnam and Qatar have decided to work closer in the field of food security as the Middle East country is looking for new import...
Duterte has 30 luxury cars crushed in warning shot to smugglers (video)

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Philippine President Rodrigo Duterte on February 6 personally oversaw the destruction of more than $1.2 million worth of smuggled luxury and classic cars at...
Cambodia turns into Bitcoin hub of Southeast Asia

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Skeptically observed by the country’s central bank, Cambodia is increasingly becoming a regional center for Bitcoin and other cryptocurrencies both in terms of trading...
Thai-owned Sabeco aims to conquer half of Vietnam’s beer market

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Vietnam's largest brewer, Saigon Beer Alcohol Beverage Corp., or Sabeco, after its acquisition by Thai Beverages has set a target to grow its share of...
Japanese enter e-cash and online lending market in Indonesia

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Indonesia, a country where millions of people don’t have bank accounts and therefore cannot pay with other means than cash, is stepping up its...
ThaiBev “wins” bid for Saigon Beer maker

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Thai Beverage, through its Vietnamese affiliate Vietnam Beverage, on December 18 won the right to buy around 54 per cent stake in Vietnam's guel,...