Myanmar has to move to tap into opportunities created by trade tensions between the world’s two largest economies, said a senior Singaporean academic. The US-China trade war has provided “silver linings” for many countries, such as Vietnam. in the Southeast Asia region, said Simon Tay, Chairman of Singapore Institute of International Affairs (SIIA), in the […]
Read MoreGo Vacation, a leading Thai travel management company, has expanded into Cambodia. Bampenh Ho, who has been appointed to oversee the firm’s Cambodia operations, confirmed in a phone call they already have a presence in the Kingdom. “Yes, we started this month,” she said. Ms Ho did not specifically mention the reasons, but it is […]
Read MoreTEMPO.CO, Jakarta – Transportation Minister Budi Karya Sumadi demanded applicators of the online-based motorbike taxi or online ojek, Gojek and Grab Indonesia, improve their driver enrollment system. Budi said that applicators must set new standards in the employment of driver-partners in a bid to beef up security. “We will demand applicators create new standards of new driver registration,” said Budi […]
Read MoreDespite Asean’s fast-growing economy, the regional bloc faces challenges in digital development to maintain a competitive edge and requires infrastructure investment and labour skill upgrades to keep pace with business needs. Technology transfers are also essential for small and medium-sized businesses. “Investment in infrastructure such as electrical and digital networks supports regional growth and connects […]
Read MoreChina’s Belt and Road Initiative (BRI), seen most visibly in Myanmar through a proposed “economic corridor” between the two countries, requires government and media scrutiny and regulations to ensure projects are done in a socially and environmentally responsible way, an international think-tank says. Transnational Institute, an Amsterdam-based think-tank focused on building a just, democratic and […]
Read More[KUALA LUMPUR] Malaysia’s current account surplus fell to RM11.5 billion (S$3.78 billion) in the third quarter from RM14.3 billion in the previous three months, the central bank said on Friday. Portfolio investment saw a net outflow of RM26.8 billion, compared with a net outflow of RM10.2 billion in the second quarter of 2019. REUTERS
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