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Home-grown start-up launches ride-hailing service in Laos

The Cambodia-born tech start-up Meal Temple Group is introducing a new business model offering a ride-hailing service in Laos. Called DriveUp.app, which is a joint venture company between Kiwipay.la and Meal Temple Group Pty Ltd in Laos, it provides taxis, tuk-tuks, and samlors for the first time in the country, the company’s official said. Launching […]

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Philippines: Another 50 bps rate cut seen until Q1

MANILA, Philippines — DBS Bank Ltd. of Singapore expects the Bangko Sentral ng Pilipinas (BSP) to slash interest rates by another 50 basis points until the first quarter of next year as it lowered the country’s gross domestic product (GDP) growth forecast for this year. Masyita Crystallin, economist for the Philippines and Indonesia at DBS, […]

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Industry 4.0 presents Vietnam opportunity for institutional reform

The Hanoitimes – Vietnam’s upcoming strategy on Industry 4.0 would focus on building an e-government towards the goal of digital government for greater transparency and efficiency. The nature of the Fourth Industrial Revolution, or Industry 4.0, is an institutional revolution, according to Nguyen Van Binh, Politburo member and head of the Party Central Committee’s Economic Commission. Resolution […]

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