Southeast Asia E-commerce Business Intelligence
May 17, 2017
May 17, 2017
VIETNAM PROPOSES APEC INITIATIVE TO FACILITATE E-COMMERCE
Vietnam has proposed an initiative on building an e-commerce facilitation framework within the Asia-Pacific Economic Cooperation (APEC), as it is an important content in the 2017 APEC’s agenda.
The initiative on the building of an e-commerce facilitation framework focuses on five pillars including: finalising and harmonising legal frameworks on e-commerce in APEC member economies; strengthening capacity-building to enable APEC economies to support micro-, small- and medium-sized enterprises to join the trans-border e-commerce market in the region and around the world; promoting cross-border protection of individual data via the implementation of the APEC’s current programmes; facilitating non-paper trade in the region; and dealing with newly arising issues in cross-border e-commerce. [Read more]
Strategic review for the financial SSC of an agricultural company.
Strategic plan and new Information Systems outlines for the Tunisian postal operator.
Analysis of the market and its players for the Vietnamese mobile business.
Creation of an internal headhunting company for a big agricultural company (US$ 6 billions).
Launch of the weekly ASEAN e-commerce Business Intelligence report. <See more>
May 11, 2017
STANDARDIZED PAYMENT QR CODE TO LAUNCH IN THAILAND
Top payment card companies Mastercard, UnionPay International and Visa have jointly introduced a standardized QR code for mobile payments in Thailand. The Standardized QR Code supports the Bank of Thailand’s cashless agenda to drive innovation, interoperability, and security in payments.
The new standard will mean that consumers will no longer need to scan different QR codes to make payments with Mastercard, UnionPay and Visa. Merchants will only need to display one QR code at the storefront or through the acquiring bank’s mobile application.
The standards are intended to be globally interoperable, providing a seamless experience for cardholder when travelling abroad. [Read more]
May 12, 2017
SHOPEE TAPS INTO B2C E-COMMERCE
Shopee, Southeast Asia's leading online marketplace, is tapping into business-to-consumer (B2C) e-commerce after focusing solely on C2C as it seeks new revenue opportunities.
Shopee is the mobile commerce ‘arm’ of Sea Ltd, formerly known as Garena Interactive Holding, seeks to capitalise on the local e-commerce market in Thailand.
Sea recently raised a new round of funding worth US$550 million (19.1 billion baht). The proceeds from the funding will support Shopee Thailand's business expansion and help it develop innovative technologies to match consumers' requirements and changing lifestyles. [Read more]
May 12, 2017
GOBIKE OFFERS DELIVERY SERVICE TO FAMILYMART
Bangkok-based Motorcycle Taxi Association GoBike Co Ltd, a joint venture between a Malaysian and a Thai, has formed a strategic partnership to provide delivery service to FamilyMart’s customers.
“Our partnership with the Motorcycle Taxi Association allows us access to the largest pool of legalised motorcycle taxi bikers. Besides our ride-hailing services, we offer parcel delivery and shopping services as value-added conveniences to our customers,” said Lian Wah Seng, CEO of GoBike.
Initially, the “Go Mart” offering will cover few areas in Bangkok and eventually will expand across the city by the end of 2017. [Read more]
May 15, 2017
MDEC AND CHINA PARTNERS INK DEAL TO LINK UP ECONOMIC ZONES AND EWTP
Alibaba, Malaysia’s Digital Economy Corporation (MDEC) and Hangzhou Municipal Government have signed a memorandum of understanding (MOU) to connect e-hubs under the Electronic World Trade Platform (eWTP).
The MOU will have the three parties seek to build infrastructure for seamless cross-border e-commerce trade between Malaysia and China, as well as explore potential strategic collaborations.
All parties will facilitate cooperation between public and private enterprises in Hangzhou and Malaysia to provide easier access to customs clearance, inspection and permit issuance for SMEs to do cross-border trade. [Read more]
May 16, 2017
ALMOST 9 IN 10 SINGAPOREANS PREFER CASHLESS PAYMENTS
87% of Singaporeans prefer to make electronic payments, as opposed to using cash (up 11%), representing the highest preference for electronic payments in the region, according to the 2016 Visa Consumer Payment Attitudes survey.
This growth is largely due to an increased preference for using debit cards (up 7%), with 62% of consumers saying they own and actively use debit cards, an increase of 13 per cent.
Based on the study, 48% of respondents admitted to having more payment cards in their wallets now, compared to five years ago. The main reasons for not carrying large amounts of cash include an increased habit of using payment cards, mobile wallets and contactless cards. [Read more]
May 11, 2017
SINGAPORE’S GLOBAL E-TRADE SERVICES (GETS) OFFICIALLY LAUNCHED
Singapore-based e-commerce company Global eTrade Services (GeTS) has launched a new platform to accelerate trade between the city-state and countries across the world.
GeTS president director Kok Keong Chong said the platform offers a single window service to ease document clearance and quicken international transactions for traders based in Singapore.
GeTS's new service can expedite document clearance, cutting the process down to within one hour. The company's platform can be accessed through iOS and GooglePlay for Android, as well as on its website. [Read more]
May 17, 2017
LAZADA SINGAPORE SHIFTS ITS OPERATIONS TO SINGPOST’S REGIONAL LOGISTICS HUB
E-commerce platform Lazada Singapore has announced that it has shifted all its warehouse operations to SingPost’s Regional eCommerce Logistics Hub situated in Tampines Logistics Park.
This has been done so that both the companies, that have received investment from Chinese giant Alibaba, can leverage each other’s strength in order to meet the increasing e-commerce demand in Southeast Asia.
The companies believe the combination of strengths in e-commerce and logistics will allow both companies to be in a leading position in the industry to serve a wider spectrum of customers, both in Singapore and the region. [Read more]