Malaysia’s Retail Sector to Grow by 6.3% in 2022
Malaysia’s retail market is predicted to rise by 6.3% in 2022, following the opening of the border on April 1 as part of efforts to restore the country’s economy. Major drivers to increase retail spending in Malaysia include the forthcoming Eid...
Cashless Society Possible in the Philippines Within a Decade
New research from global giant payments, Visa, suggested that a fully cashless Philippine society may be possible in less than a decade. This is because more Filipinos are embracing digital payments out of necessity, two years into the COVID-19 pandemic. According to...
Thailand’s Biggest Retailer to Invest USD 3 Billion in Business Expansion
Central Retail Corporation, Thailand’s biggest retailer, recently revealed plans to invest THB 100 billion (USD 3 billion) over the next five years to expand its retail businesses. The retailer also announced that it aims to boost revenue growth and market...