A slew of ride-hailing ventures are taking to the gridlocked streets of Manila, undeterred by the market dominance of Grab now that it controls Uber in the Philippines. Hype Transport Systems Inc. and Ipara Technologies and Solutions Inc. are just two of the five new entrants approved by the regulator since Grab agreed to take […]
Read MoreThe government would be wise to boost household consumption, the country’s biggest economic engine, as the component has continued to show signs of a weak recovery in the first three months of the year, experts have said. Household spending, which accounted for more than half of the gross domestic product (GDP) of Southeast Asia’s largest […]
Read MoreSINGAPORE banks appear to be firing on all cylinders in the first quarter of 2018, with loan growth at a healthy clip and much of the bad loans behind them. All three banks are expecting loan growth of just under 10 per cent for the full year. Analysts are, however, watching developments in trade tensions, […]
Read MoreBusiness operators are crying foul over a new law that caps the share of migrant workers at 20%, saying the regulation poses a “critical obstacle” for small and medium-sized enterprises (SMEs) struggling to cope with labour shortages. The Act on the management of migrant labour will cap their employment at 20% of a company’s workforce, effective […]
Read MoreMALAYSIA’S trade has not been impacted by the global trade tensions, despite the country’s lower total trade revenue recorded in March. MIDF Amanah Investment Bank Bhd chief economist Dr Kamaruddin Mohd Nor said the marginal fall in the country’s trading activities was mitigated by the encouraging exports. “The possibility of the trade war particularly between China […]
Read MoreThe Hanoitimes – Authorities in the future special administrative-economic zones (SEZs) of Van Don and Phu Quoc have decided to suspend the land use conversions and land transfers in the zones until a new SEZ law is passed. The move was made after illegal construction and land trading in the SEZs have reportedly surged sharply for […]
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Thailand
