MAINBOARD-LISTED telco Singtel has signed a memorandum of understanding (MOU) with its wholly owned subsidiary Optus and its regional associates – Airtel, AIS, Globe and Telkomsel – to grow the gaming and e-sports ecosystem in South-east Asia, Australia and India. The MOU was signed at the PVP Esports Championship held from Oct 5-7. The championship, in its […]
Read MoreDESPITE international pressures on the government driven by ongoing conflicts in Rakhine State, Myanmar’s economy is projected post 7.1 per cent growth this year and 7.4 per cent next year, according to Hoe Ee Khor, chief economist of Asean+3 Macroeconomic Research Office (AMRO). At AMRO’s first-ever press conference in Myanmar on Friday afternoon, Hoe said […]
Read MoreMalaysia’s national reserves dropped by US$900 million between Sep 14 and Sep 28. Malaysia’s gross international reserves dipped to US$103 billion as of Sept. 28, from $103.9 billion as of Sept. 14, the central bank said on Friday. The reserves were sufficient to finance 7.4 months of retained imports, and were 0.9 times the short-term […]
Read MoreVehicles as well as auto parts and accessories topped Thai shipments to Asean in the first eight months of this year, valued at Bt164.8 billion, according to figures from the Department of Foreign Trade. Among the top five exports to the region, the auto sector was followed by fuels, plastics, chemical products, and machinery and […]
Read MoreMANILA, Philippines — Nomura Securities Ltd. has raised its inflation forecasts over the next two years amid the persistence of higher oil prices, weather-related disruptions, and strong demand conditions. Euben Paracuelles, economist at Nomura, said in a report titled “Philippines: Inflation still soaring in September” inflation may hit 5.4 percent this year and 4.2 percent […]
Read MoreSINGAPORE SMEs will look to expand in 2019, but show greater caution than six months ago as trade tensions continue to simmer, the latest SBF-DP SME Index showed on Monday. A joint initiative of the Singapore Business Federation (SBF) and DP Information Group (DP Info), the index measures the business sentiment of over 3,600 SMEs for […]
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