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Online retailer Shein recently reported a notable quarterly loss of $99 million, as indicated in its pre-IPO financial filings. This downturn comes in the wake of the United States lifting an import duty exemption on small packages along with a significant,…
The Distilled Spirits Council of the United States (DISCUS) has reported that the nation’s spirit exports saw a 9% decrease in the second quarter. The organization indicated that this marked a sharp downturn from the solid export performance recorded in 2024.…
The Public Works and Public Housing Ministry (PUPR), in cooperation with Bank Indonesia, will establish an electronic toll collection (ETC) consortium to set up a non-cash payment system on toll roads, which is targeted to operate thoroughly in Oct 2017. The…
Thailand’s increasingly crowded smartphone market has wreaked havoc on handset companies’ profit last year, with Japan’s Sharp Corp becoming the latest victim to be quietly forced out of the market. Chinese handset maker ZTE Corporation, meanwhile, disputed…
Indonesia will start to operate 8 kilometers of the 11-kilometers section of the new Bekasi-Cawang-Kampung Melayu (Becakayu) toll road connecting Bekasi City and Jakarta by March 2017. “I believe by March, the 8 kilometers toll road can start operations. I…
Toll Group has unveiled its plans to build a state-of-the-art retail distribution centre in collaboration with apparel retailer, Specialty Fashion Group. The 32,000 square metre distribution centre will be built by Logos Group Australia at the Prestons…
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