The NLA-endorsed act on data protection aims to safeguard sensitive information and hold companies accountable Data is hailed as the new “oil” of the 21st century, with digitalisation changing the landscape across every segment of society and business. When valuable and personal data can be exploited for personal or corporate gain, there is a need to […]
Read MoreThe Hanoitimes – A network of more than 160 ports throughout the country – with main gateways at Ho Chi Minh City, Hai Phong and Da Nang – have annual capacity of more than 11 million TEU. Vietnam ranked above Thailand to join the top 10 markets in Transport Intelligence’s 2019 Agility Emerging Markets Logistics Index, […]
Read MoreMANILA, Philippines — More foreign firms are keen on investing in the country’s oil and gas exploration sector, according to the Department of Energy (DOE). Foreign firms have expressed interest in pre-determined areas (PDAs) offered under Philippine Conventional Energy Contracting Program (PCECP), DOE Undersecretary Donato Marcos said. “For the PDAs, there are nine nominations which […]
Read MoreThe Excise Department is poised to cut taxes to encourage setting up electric vehicle (EV) battery plants in Thailand, says a source familiar with the issue. The 8% excise tax imposed on batteries is likely to be slashed to support domestic EV battery production, but it’s too early to tell how big the tax cut […]
Read MoreGrab, the largest ride-hailing platform in Southeast Asia, raised a record US$2.5 billion during its Series G round last year, yet it is continuing with its Series H round, which has raised at least $2.65 billion since it opened in June. The bulk of these funds are to be channeled to the company’s GrabFood delivery […]
Read MoreMANILA, Philippines — The country’s economic managers are pushing for amendments in the Constitution to allow for more foreign investors, according to the Department of Finance (DOF). Finance Secretary Carlos Dominguez said while the government has done as much as it can administratively to ease restrictions on foreign investments, there are still parts of the Constitution that limit their […]
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Thailand
