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Philippines: Vehicle sales halt skid, rise 1.4% in 6 months

MANILA, Philippines — Local car assemblers finally snapped a cumulative sales decline as total sales in the first six months rose 1.46 percent from a year ago, signaling improving demand particularly for commercial vehicles. A joint report of the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and Truck Manufacturers Association Inc. (TMA) released […]

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Go-Jek and SCB raise delivery app competition

The partnership between Siam Commercial Bank (SCB) and Indonesian unicorn startup Go-Jek will heat up competition in ride hailing and delivery in Thailand and provide opportunities for the bank to acquire more customers. SCB’s investment in the ride-hailing app Go-Jek is in line with the bank’s inorganic growth strategy and digital banking expansion. Go-Jek is […]

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Federation promotes standards for organic goods in Asean

The private sectors of Asean nations are preparing organic standards to reduce production costs and improve supply chain management. Vitoon Panyakul, chairman of the Asean Organic Federation, said yesterday that the group, representing six major organic-producing countries, will today introduce the organic standards at Biofach Southeast Asia 2019 and Natural Expo Southeast Asia 2019. The […]

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Three Malaysian companies in Forbes Asia’s list

PETALING JAYA: Three Malaysian companies have made it to the 200 top-performing public companies of the 2019 Forbes Asia’s Best Under A Billion list. Elsoft Research Bhd , Pentamaster Corp Bhd  and Vitrox Corp Bhd  have been recognised as among the leading public companies in the Asia-Pacific with an annual revenue of between US$5mil and US$1bil. The three companies beat […]

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