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2025-04-29 02:17:23 -

Maybank : macro uncertainty caused by tariffs could slow the growth trajectory of the digital economy
Macro uncertainty caused by tariffs could slow the growth trajectory of the digital economy, especially for players reliant on discretionary consumer spending, Maybank Investment Bank said in its note on last Thursday. According to the research house, although ASEAN internet players have no US exposure and as such are not directly in the path of tariff wars, a macro slowdown and less private...

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2025-05-18 01:49:49 -

Sea’s revenue jumps 29.6 percent amid strong e-commerce sales
Singapore’s tech conglomerate Sea Limited saw its revenue surge 29.6 percent year on year to $4.8 billion in the first quarter, underpinned by strong e-commerce growth. The firm said in a statement on Tuesday that it achieved a total net income of $410.8 million for the quarter, as compared to total net loss of $23 million a year ago. The firm’s total adjusted earnings before...

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