Business News

Medical Service
Taiwan External Trade Development Council (TAITRA) Invites Southeast Asia International Medical Buyers to Trade Meeting in Taiwan
For the “new southbound countries” where the healthcare industry is booming, Taiwan External Trade Development Council (TAITRA) invites BDMS, NAVAMIN, the largest hospital group from Thailand, Bhagat and Company from India, Adi Husada Cancer Center from Indonesia, Sea Lion from Myanmar, Lung Center from the Philippines, Holistic Pharmacy Sdn Bhd from Malaysia, and District 2 Hospital from Vietnam, a total of 14 medical material importers, agents, distributors, and medical institutions from 7 countries to join the “2019 New Southbound Healthcare Industry Trade Meeting” on November 26 in the Taipei International Convention Center (TICC).  There were more than 50 domestic suppliers involved and nearly 130 one-on-one meeting arranged. Among them, the Taiwanese smart healthcare system was the most popular among the buyers since the requirement of that is in line with the expanding development of the healthcare industry. The District 2 Hospital of Vietnam was especially interested in the Wisdom Hospital Information System (HIS) of Tao Yuan General Hospital of the Ministry of Health and Welfare and would make special arrangements for further cooperation with Tao Yuan General Hospital. TAITRA invited the largest medical group in Thailand, BDMS, to introduce the current state of the Thai medical market and related regulations on the import of medical materials, which helped domestic medical devices manufacturers to explore the Thai medical market. Thailand’s medical services are well-known internationally, but the establishment of the hospital wisdom system has just begun. In response to the buyer’s demand for smart healthcare, TAITRA also arranged a visit to BenQ Trident Medical and Advantech after the fair for further understanding of the applications and development of the smart healthcare system in Taiwan. At the opening ceremony, TAITRA’s President & CEO Walter Yeh stated that Taiwan’s high-quality healthcare industry combined with global leading ICT industry has achieved fruitful applications in smart healthcare, and today’s event is held in the hope of promoting more business opportunities and benefiting the people of the southbound countries. The Medical Materials Association and Assistive Devices Association also expressed profound gratitude for the establishment of such an international marketing platform for manufacturers.
Cultural & Creative
Bring the joy of design to people and make life better for everyone.
Taiwan Expo 2019 was held in the Philippines on November 8-9 2019. It showcased Taiwan’s best products at SMX Convention Center, Davao. Hosted by the Ministry of Economic Affairs and the Taiwan External Trade Development Council, Taiwan Expo 2019 presented Taiwanese companies in various commercial industries that continue to integrate additional value and innovation into their products. “Taiwan in Design Pavilion” also featured creative products, home decor and accessories from Taiwan Expo 2019. The "Taiwan in Design Pavilion" exhibited the theme of "enjoy design, enjoy life", presenting 50 select pieces of superior design and creativity from 14 Taiwanese manufacturers that received global design awards, among them iF, Red Dot, Taiwan Excellence, GIA, Tokyo Design and more. The work on display also showed that creative design combined the characteristics of traditional culture, science and technology, environmental protection, and more. Some manufacturers such as DR.COLOR LED MEDIA CO. LTD, which presented the new floor clock type with classical spiral design, Mercuries Asia Ltd. which presented the unique Adjustable Electric Wine Aerator Vinaera Pro, TAGather Goods Co. Ltd. which presented the bag with design and function, along with others companies at the "Taiwan at Design Pavilion", demonstrated how Taiwan could transform life inspiration into product value and enhance the beauty elements of life. "Bring the joy of design to people and make life better for everyone", Taiwan's innovative design products are recognized and in demand. The ''Taiwan in Design Pavilion” demonstrated the strength of Taiwan's added-value products in design and inspired interest in business opportunities between the Philippines and Taiwan. “We look forward to developing future economic prospects with the Philippines and to enhancing cultural and economic exchange between the two countries,” said all the exhibitors.
Information Service
Facebook’s Mark Zuckerberg upbeat about WhatsApp Pay in India, says lot of people will use it
Ahead of WhatsApp’s impending launch of its most anticipated service — WhatsApp Pay in India’s digital payments ecosystem, Facebook CEO Mark Zuckerberg expects it to see huge adoption even as the country is likely to have the fastest growth in digital payments’ transaction value between 2019 and 2023. “We have our tests going in India. It’s — the test really shows that a lot of people are going to want to use this product,” Zuckerberg said during the company Q3 2019 earnings conference call with analysts. The UPI-based peer-to-peer payment service was announced in February 2018. The beta version of the service was expected to see a complete roll out this year, however, Facebook is yet to announce its formal launch. “We’re very optimistic that we’re going to be able to launch to everyone in India soon. But of course, we’ll share more news when we have that,” Zuckerberg said in his response to a question related to payments ecosystem from Colin Sebastian from financial services firm Baird. Also read: Facebook’s new SME outreach: Ties up with SAIF Partners to tap into small businesses’ need According to an Assocham-PwC report, digital payments in India will grow from $64.8 billion in 2019 to $135.2 billion in 2023 at CAGR of 20.2 per cent. The high cash burning digital payments ecosystem has SoftBank-backed Paytm, Walmart-owned PhonePe, and Google Pay among its leading players vying for a greater share of customers’ wallets. PhonePe saw its losses rising by 140 per cent to Rs 1,904.72 crore for FY19 even as its expenses increased to Rs 2,153.22 crore. In comparison, Paytm’s parent One97 had nearly Rs 4,000 crore in loss in FY19 while Google Pay posted profits of Rs 32.77 lakh in FY19. Amazon Pay, on the other hand, saw losses worth Rs 1,160.8 crore. Zuckerberg added that Facebook’s daily active users increased to 1.62 billion — 9 per cent increase from last year led by growth in India, Indonesia, and the Philippines. The company’s Q3 total revenue stood at $17.7 billion while its total expenses were $10.5 billion.   Source:
Franchise Industry
-El Buen Fin-, Mexico´s Version of Black Friday
Tens of thousands of businesses throughout Mexico offered discounts during the 9th edition of “El Buen Fin”, an annual nationwide shopping event inspired by Black Friday in the United States and that, like Black Friday, was born as a government initiative to revive the country's economy. Since 2011, “El Buen Fin” (short for "El Buen Fin de Semana," meaning "The Good Weekend") has been held on the weekend before Mexican Revolution Day, which is observed on the third Monday of November, giving consumers an extra day to take advantage of the deals being offered in physical stores and online. This year's shopping event will be held from Friday, November 15 to Monday, November 18, with more than 70,000 retailers expected to participate. On this weekend, big department stores will extend their hours and offer in-house promotions, including special discounts, extended credit terms and easy payment plans. Discounts will be everywhere during these four days, which can be a bit overwhelming. The key to taking advantage of “Buen Fin” promotions is to do some planning. One good way to find the best deals is to visit the websites of participating businesses to check out the discounts they are offering on the products you want to buy. Many stores will be offering the same products, so comparing prices can be very useful, especially in online stores. Some big department stores and online retailers will create special “Buen Fin” sections of their websites so you can find all of their promotions and discounts in one place. Since the purpose of “El Buen Fin” is to stimulate the economy by encouraging consumption and improving quality of life, it offers promotions and discounts on more than just material things. Airlines, hotels and agencies will also be offering great deals on travel experiences.   Source:
Deliveree expands affordable delivery service to Chonburi
Deliveree, Southeast Asia’s leading logistics and delivery service platform, expands its flagship app-based delivery service to Chonburi, ready to give corporates, manufacturers, SMEs, and local businesses readily access to vast trucking fleet at an affordable price. Deliveree’s expansion to Chonburi is in anticipation of strong economic growth of the Eastern region fueled by government’s mega project investment through Eastern Economic Corridor (EEC), continued positive outlook on tourism, and solid local economy. Professional B2B delivery service of Deliveree can support businesses across all sectors including manufacturing, distribution, import-export, retail and service. Core advantage of Deliveree lies at its advanced technology that efficiently matches customers to available truckers within minutes, reducing costly time spent on truck sourcing, price negotiation, and vendor vetting. Through increased matching efficiency and large fleet, Deliveree is able to bring logistics cost savings of up to 40% to businesses. In addition to significant cost reduction, Deliveree’s technology enables businesses to have an unparalleled capability to provide fast delivery service for every mile of logistics, whether it be first, mid or last-mile delivery. “Deliveree has established a strong foothold in Bangkok and surrounding provinces such as Samutprakarn, Pathumthani and Nonthaburi with a large network of more than ten thousands of drivers. Deliveree gives businesses flexibility in logistics management, relieving them from heavy capital investment in trucking fleet while allowing them to be readier than ever to weather business seasonality, particularly in this uncertain economic climate. So we’re confident that our logistics solution will largely benefits individuals and businesses of all sizes in Chonburi“ says Chanisa Rueangkirianya, Thailand Country Director. Deliveree has a transparent and standardized pricing structure based on delivery distance for each trip. Price for delivery truck starts from as low as 275 baht. Alternatively, daily truck rental option is offered at a competitive fixed rate for transportation within Chonburi without limitation on distance and number of destinations. Business and general customers can book Deliveree’s service from anywhere in Chonburi, including Sriracha, Laem Chabang, Pattaya, Sattahip and Ban Bueng, and deliver to any destinations within and outside Chonburi. Customers can estimate price for their delivery route conveniently in Deliveree’s mobile and web app. Service is available 24/7. Deliveree’s application comes with advanced features such as real-time delivery tracking, digital signature and proof of delivery photos, automatic route optimization, analytics dashboard and free commercial insurance. These features will help customers manage logistics and cargo delivery with ease. Try Deliveree service in Chonburi and start saving today! Download free application on iOS and Android or access it in Web App. Click here to receive exclusive time-limited launch promotion for delivery booking in Chonburi. Visit Deliveree’s website  for more information about our service in Bangkok Metro and Chonburi.   Source:
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