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Philippines: PCC shortens M&A review period

MANILA, Philippines — The Philippine Competition Commission (PCC) will shorten its review period to 15 days for certain merger and acquisition (M&A) transactions as part of the government’s efforts to improve the ease of doing business in the country. In a resolution issued on May 28 released to the media yesterday, the PCC said the […]

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Indonesian firm to export coal to Bangladesh

Bangladesh is set to import coal for the first time for a power plant as part of efforts to diversify its fuel mix in the electricity generation sector. The Bangladesh-China Power Company signed a deal with an Indonesian firm in Dhaka on Sunday to import coal for the 1,320-megawatt coal-fired Payra power plant in Patuakhali. […]

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Grab, Myanma Insurance partner to provide insurance coverage

Grab has partnered with state-owned Myanma Insurance to launch a group Personal Accident Insurance (PAI) scheme which covers its drivers and passengers in the case of an accident during a GrabTaxi, GrabThoneBane or GrabBike ride.  It is the first ride hailing company to procure a group PAI policy in Myanmar, covering four-wheel, three-wheel and two-wheel […]

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