News on Hebronstar vol. 60

 

[Inside Korea]

 

Influencer Marketing : Korea & China Trends

According to iimedia, the online live broadcasting e-commerce industry in China reached 4338 billion yuan in 2019, and is expected to double in 2020.

The reason why for this, consumers trust their influencers and buy the products what they are showing & marketing.

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[Inside Vietnam]

 

Vietnam’s e-commerce market to surpass US$17 billion inf 2023 

Vietnam’s e-commerce market is projected to grow at a compound annual growth rate (CAGR) of 16.3 percent from 9.4 billion USD last year to 17.3 billion USD in 2023, data analytics company GlobalData forecast.

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Covid-19 impacts : Vietnam aviation suffers $1.3 billion revenue loss 

Vietnamese carriers have lost more than VND30 trillion ($1.3 billion) in revenues as a result of the Covid-19 pandemic, the transport ministry estimates.

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Vietnam achieves trade surplus of almost $2 billions in two months

Specifically, the country’s export value in the first two months rose by 8.4 percent year on year to US$39.08 billion, including $20.85 billion in February, according to the general department’s statistics released on Wednesday.

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[Inside Indonesia]

 

Further BI rate cut expected as growth may drop to 2.8% P Morgan Stanley

Bank Indonesia (BI) is expected to cut its benchmark interest rate further as economic growth may drop to the lowest level since 1999 against the backdrop of an economic recession triggered by COVID-19, multinational investment bank Morgan Stanley says.

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North Sumatra port debuts in global container business

Kuala Tanjung Port in North Sumatra made its debut in the global container market, with its first shipment on Saturday, as Indonesia bids to tap into the lucrative Strait of Malacca shipping trade dominated by Singapore and Malaysia.

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Indonesia stocks battered by profit-taking, hit sixth circuit breaker in month

Indonesian stocks hit another circuit breaker on Monday morning, the sixth time this month, as the main gauge, the Jakarta Composite Index (JCI), plunged by 5 percent after last week’s rally. 

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