The Vital Role of General Trade in Southeast Asia
Importance of General Trade General Trade, also known as traditional trade, is an indispensable component of Southeast Asia’s economy, with a market value running into billions of dollars. Dominating the retail landscape, General Trade encompasses the countless small, independent shops, markets, and stalls that serve as the lifeblood of commerce in the region. Unlike the […]
The Complexities of General Trade in Southeast Asia
What is General Trade? General trade, also known as traditional trade, refers to the small, often family-owned retail outlets that dominate the market landscape in many developing regions. These are typically informal businesses like small grocery stores, kiosks, and street vendors that operate outside the modern retail sector. Unlike modern trade, which involves large, organized […]