Bukalapak to Offer Insurance for E-Commerce Merchants and Customers

Sep 1, 2019

Singaporean insurtech firm, Axinan and Indonesian eCommerce company Bukalapak recently announced a partnership to provide insurance solutions for users of Bukalapak’s eCommerce platform. The partnership will provide protections for both merchants and customers....

Chinese Hygiene Products Company Opens Regional Hub in Malaysia

Sep 1, 2019

On 4 September, Hong Kong-listed Vinda International Holdings Ltd announced that it will invest more than MYR 500 million (USD 119 million) on a new regional hub in Malaysia for five years until 2023. Vinda runs four core business segments, namely tissue, incontinence...

Philippines Explores Halal Cooperation with Indonesia

Sep 1, 2019

The Philippines’ Department of Trade and Industry (DTI) has expressed its interest to enter into a Mutual Recognition Arrangement (MRA) on halal certification and accreditation with Indonesia in a bid to strengthen bilateral economic relations between both countries....

Thailand Plans E-Commerce Tax by 2020

Sep 1, 2019

Thailand is expected to introduce a value-added-tax on electronic businesses in 2020, aiming at collecting between USD 98 million to USD 131 million a year. The proposal will be sent for parliamentary approval later in 2019.  According to official sources, the...