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Grab to invest $100m in Myanmar as smartphone use surges

Grab, Southeast Asia’s biggest ride-hailing app, plans to invest US$100 million in Myanmar as it extends its battle with Uber Technologies Inc to capture exploding use of smartphones. Grab will invest the money over the next three years and work with local governments to expand ride-hailing to more cities and roll out services such as […]

Vietnam: Government bond auctions run into problems

HANOI — After tasting success in the first seven months, the issue of Government bonds have been facing difficulty from early August with the bidders’ expectation of rising interest rate and decreasing bank liquidity. Following the unsuccessful auctions in the first two weeks of August, the State Treasury was more cautious last week, conducting an […]

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Grab to invest $100m in Myanmar as smartphone use surges

Vietnam: Government bond auctions run into problems