Carsome Group, an online platform for buying and selling used cars, said on Wednesday that it had become Malaysia’s largest tech unicorn after a $170 million funding round boosted its valuation to $1.…
Vietnam business news august 29
Vietnamese firms invested US$575 million abroad over the last eight months of 2021, a year-on-year increase of 74.1 percent, according to the Ministry of Planning and Investment. The above figure incl…
Nepal-Malaysia to work together for tourism promotion
Nepal and Malaysia have expressed their readiness to work together for the promotion of tourism in both countries. Nepal Tourism Board and Malaysian Embassy in Kathmandu held a meeting for the purpose…
This Southeast Asian country’s COVID surge may worsen the car chip shortage
The Southeast Asian country hasn’t historically had the kind of importance to technology supply chains that Taiwan, South Korea or Japan do. But in recent years, Malaysia emerged as a major center for…
China’s ‘capitalism’ came in tiny steps, expert tells Sri Lanka forum
China’s transition to a market economy was not the result of a one blue print but a series of tiny changes the allowed individuals at grass roots levels to make their decisions, an author and an exper…
Why road freight is gaining traction in the SEA supply chain
In the supply chain, air freight is often considered the fastest mode of travel. However, road freight is now increasingly growing in demand in Southeast Asia. More businesses are now seeing road frei…
Matrade propelling digitally enabled halal trade at Mihas 2021
In a bid to strengthen Malaysia’s position as the world’s halal hub leader, the Malaysia External Trade Development Corporation (Matrade) aims to facilitate high-value, cross-border halal trade digita…
Vietnam aims to connect 5 million farming households to e-commerce platforms
Vietnam looks to connect 5 million farming households to e-commerce platforms this year, which would create breakthroughs in the development of the digital economy in the agriculture sector, Deputy Mi…
India’s Modi to unveil $1.35-trillion infrastructure plan to mark independence day
India will soon launch a US$1.35-trillion national infrastructure plan that will boost the country’s economy, Prime Minister Narendra Modi announced Sunday as part of independence day celebrations. We…
Vietnam aims digital economy to represent 20 pct of GDP
Vietnam is in a hurry to catch up with the world in terms of digital economy in general and e-commerce in particular, according to Bloomberg. It wants its digital economy to account for 20 percent of …