Digital product transactions increase 5.5 times, signalling post-pandemic recovery
This development serves as a catalyst for digital platforms like Tokopedia to accelerate its efforts to democratise commerce in Indonesia.
Business
AC sales soar in Bangladesh amid heatwave
According to market insiders, the demand has increased by 20 per cent to 25 per cent this year compared to that in the same period of last year.
Alibaba’s logistics unit Cainiao signs deal with Brazil Post
The two companies will carry out cooperation in fields such as global air cargo, local logistics infrastructure and digital logistics technology.
Reasons behind Xi’s surprise visit to LG’s manufacturing facility in China
While chips and batteries for electric vehicles have become industrial battlefields for US-China tensions in recent years, Korean display makers appeared to be distancing…
Tokyo-based space startup plans world-first Moon landing
If successful, the space company’s lander would become the world’s first private sector lunar module to land on the moon.
Indonesia’s retail sales rise 7% in March thanks to seasonal jump
Muslim consumers spend more on food, beverages during Ramadan, as sumptuous meals are common for when they break the fast at sundown.
Bed-and-breakfast establishments revitalising China’s rural economy
Currently, the county has more than 900 of the characteristic Minsu, including 8 clusters in Xidi town and Hongcun villages.
Korean businesses mixed over China’s reopening: Survey
Though China's economy is in recovery mode, not many Korean businesses have plans to expand their business in the neighboring country, the survey showed.
Luxury goods giants vow to keep investing in China
Companies like Burberry said they will continue to increase investment, encouraged by the potential of the China market.
Zero-sugar drinks reshape beverage market
Sugar-free and low-calorie soft drinks are enjoying their heyday in South Korea, with increasing sales and a growing variety of products.