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Vingroup smartphones launched in Myanmar

Vietnam’s largest private conglomerate Vingroup began selling its Vsmart phones in Myanmar Wednesday as part of its global expansion strategy. Four Vsmart phone models will be distributed through 1,500 stores of Myanmar’s major electronics retailer Strong Source, Vingroup said in a statement. The company will also cooperate with two online retailers: Mytel, a subsidiary of […]

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Singapore bank sees South-East Asia as ‘haven’

Singapore: United Overseas Bank Ltd is betting South-East Asia will shield it from the escalating trade war between the United States and China, distancing itself from the approach of its two main rivals that have expanded their focus to Hong Kong and the mainland. “Asean will become a safe haven,” chief executive officer Wee Ee […]

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Thailand risks losing golden chance

Just as Thailand looks ready to displace Chinese parts and products in American cars and kitchens, dysfunctional politics may cost it the opportunity. After five years of military rule, the Southeast Asian nation has returned to a fragile democracy. A pro-junta alliance is still negotiating with potential allies to form the next government following elections in […]

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Industry body boosts Singapore fintech ecosystem with regulatory technology sub-committee

THE Singapore FinTech Association (SFA) has launched a regtech sub-committee to promote the invention and adoption of technologies to overcome regulatory challenges in Singapore. Regtech – a subset of fintech – stands for regulatory technology, and is used to augment functions in the financial industry such as regulatory monitoring, reporting and compliance. The sub-committee will […]

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