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Malaysia: Access to courier service providers

AT a time when parcels were the domain of businesses and consumers mainly went to postal offices for their delivery affairs, the opening of Mail Boxes Etc (MBE) in Malaysia was, in some ways, ahead of its time. But Brian Chow somehow deemed it appropriate to open up retail access for the local courier market […]

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Philippines – Guinigundo: Inflation expected to peak in Q3

Inflation could still breach 4.0 percent, a senior Bangko Sentral ng Pilipinas (BSP) official indicated, likely peaking in the July-September period. “In terms of our preliminary estimates on the monthly movements of inflation, we expect inflation to peak by the third quarter,” central bank Deputy Governor Diwa Guinigundo told reporters. “Thereafter, we should be seeing […]

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Myanmar: Strategy to build up logistics sector, boost national transport plan revealed

The Ministry of Transport and Communications, with help from the Japan International Cooperation Agency (JICA), is drawing up a National Logistics Master Plan to supplement the existing National Transport Master Plan in Myanmar. Mr Masayuki Karasawa, chief representative of JICA’s Myanmar Office, presented the National Logistics Master Plan, which is expected to be launched within […]

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Cambodia: Grab tests tuk-tuk market in capital

Grab has officially launched its motorbike taxi service and started beta testing a tuk-tuk and rickshaw service in Phnom Penh and Siem Reap, according to a press release issued by the company on Friday. Grab Bike, which has been in beta testing for nearly two months in Phnom Penh’s central districts, launched full services in […]

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Philippines: BSP still expected to hike interest rates

The Bangko Sentral ng Pilipinas (BSP) cannot continue holding off interest rate hikes and will likely announce adjustments beginning May this year. Japan’s Nomura, Fitch unit BMI Research and banking giant HSBC said they continue to expect rate increases before the end of 2018 given rising inflation, The central bank’s policymaking Monetary Board last week […]

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