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Indonesia: Maybank launches savings account with health insurance benefits

PT Bank Maybank Indonesia on Wednesday launched MySaveR, a savings account with health insurance benefits, in partnership with PT Allianz Life Indonesia. MysaveR offers 100 percent savings with deposit limits from Rp 100 million (US$6,926) to Rp 1 billion with additional health insurance benefits covering medicines, diagnosis, immunization and hospitalization in 800 hospitals in Indonesia, said […]

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Philippines: Trade deficit further widens in June 2018

As Exports Fall For 6th Straight Month MANILA, Philippines — The country’s trade deficit more than doubled in June as exports continued to decline and imports grew steeply, the Philippine Statistics Authority (PSA) reported yesterday. Total external trade in goods reached $14.75 billion in June, a 13.5 percent growth from $12.99 billion recorded in the same month in 2017. The PSA said total exports fell for the sixth straight […]

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Thailand: Alibaba scouting firms to feed apps

Alibaba Group is aggressively luring Thai brands and travel operators to its digital platform. “Thailand is one of the strategic countries in Asean where Alibaba will bring the core commerce and technology infrastructure for payment, logistics and big data used in China to replicate the successful digital transformation,” James Xu, deputy chief representative for Thailand at […]

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Real estate sector forecast to top Vietnam’s M&A in 2018

The Hanoitimes – Mergers and acquisitions (M&As) in the real estate are expected to dominate Vietnam’s M&A market this year as both foreign and domestic investors have been showing their keen interest in the sector. Vietnam’s M&A market exceeded the US$10-billion landmark for the first time last year, a nine-fold increase against 2008, and continued to […]

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