Online retailers
Amazon, Walmart asked to remove Myanmar gemstone products from their shopping portals
US e-commerce giant Amazon and retail chain Walmart are among the companies urged by activists to remove offers of gems originating from Myanmar, which...
Alibaba to buy stake in Singapore Post for $249m
A major move to step up its international presence, Chinese e-commerce provider Alibaba Group announced on May 28 that it will purchase a 10.35...
Web shops on the rise in Middle East, Asia
Leading international retailers believe that emerging countries in the Middle East and the Asia-Pacific regions will increasingly integrate with e-commerce platforms, a survey conducted...
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Thai Airways reports $94 million loss in first quarter despite revenue surge
Thailand’s indebted national airline Thai Airways International suffered another net loss of 3.24 billion baht ($94 million) on revenue of 11.18 billion baht ($342...
Stories of the week
Malaysia’s Sarawak seeks Norway’s help to set up sovereign wealth fund
The eastern Malaysian state of Sarawak has entered talks with Norway to set up and manage a sovereign wealth fund from oil and gas...