SINGAPORE – Grab launched a food delivery service in Singapore on Monday (May 28), as it aims to position itself as a one-stop essential services app, beyond just ride-hailing. Starting as a taxi-booking app in 2013, the Singapore-headquartered start-up has since ventured into bicycle rental, e-payments, micro-financing and package delivery. Grab Singapore head Lim Kell […]
Read MoreThe Hanoitimes – The Ministry of Finance (MoF) is drafting a circular on collecting and reporting market prices in a move to standardize the information and better control the country’s inflation. The list of commodities and services subjected to the newly-recommended market price reporting regime includes essential commodities that can represent groups of goods and services […]
Read MoreIn a bid to revive the local sericulture sector, Mahasarakham University, an academic institution based in Northeastern Thailand, is providing technical assistance to a new silk research centre established by the Royal University of Phnom Penh (RUPP) and to silk communities around the country. Professor Motoyuki Sumida, sericulture expert at Mahasarakham University, who is now […]
Read MoreMANILA, Philippines — The continued depreciation of currencies against the dollar is credit negative for countries with large external funding needs including the Philippines, Moody’s Investors Service said. In its latest Asia Pacific report titled “Currency depreciation will weigh on sovereigns with high external funding needs,” the debt watcher said. Emerging markets and some frontier […]
Read MorePresident Joko “Jokowi” Widodo has reportedly given his approval for a revised presidential regulation ensuring the supply of Premium-branded gasoline in Java, Madura and Bali, regions where the fuel was previously phased out. The revision of Presidential Regulation No. 191/2014 has been labeled as a politically motivated move ahead of the presidential election next year. […]
Read MoreSINGAPORE – The average cost of employing an expatriate in Singapore has shrunk by over US$12,000 (S$16,100) compared to the year before. This brings the value of a typical annual compensation and benefits package for an expatriate middle-manager in Singapore to US$223,095 (S$298,500) in 2017, down from US$235,545 in 2016. This was one of the […]
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Thailand
