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Lao, Indonesian entrepreneurs cement ties at business forum

Indonesian entrepreneurs held discussions with their Lao counterparts seeking business matching opportunities as part of a business forum and seminar in Vientiane on Monday. The Indonesian Embassy to Laos in cooperation with the Ministry of Planning and Investment yesterday organised the event which aimed to increase economic cooperation and foster business relationships between the two […]

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Indonesia’s Go-Jek ‘signifies intention’ to enter Philippine ridesharing market

MANILA, Philippines — Indonesia-based ridesharing company Go-Jek is seeking to enter the Philippines’ transport network vehicle service market and challenge Grab, just weeks after Uber departed from Southeast Asia. According to a report by DZMM radio on Tuesday, the Land Transportation Franchising and Regulatory Board, or LTFRB, had a meeting with Go-Jek officials who “signified their […]

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Cambodia: Tax cuts promised for SMEs that register with GDT

In order to bring more businesses into the regulatory fold, the government has promised attractive new incentives for companies that register before December, including a two-year break on tax revenue. Speaking at a forum on tech startups and micro, small and medium-sized enterprises yesterday, Cham Prasidh, the Minister of Industry and Handicraft, announced a host […]

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UN agency sees 6.8% growth rate for Philippines in 2018

MANILA, Philippines — A United Nations agency has kept its 2018 growth estimate for the Philippines, amid broadly stable outlook for economic growth in the Asia Pacific region. The Philippine economy will likely grow by 6.8 percent this year and beat the 6.7 percent actual expansion in 2017, said the report released by the UN […]

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Alipay users remain keen on Thailand

Thailand remained the second-most popular destination for Chinese tourists to spend money via the Alipay platform during the Labour Day holiday (April 29 to May 1).  Millions of Chinese have just returned from their annual Labour Day holiday. Overseas spending on the Alipay mobile application skyrocketed during May Day this year compared with last year, said […]

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