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Thailand: Startup funding drought during pandemic

The coronavirus pandemic is taking a heavy toll on numerous startups as they struggle to gain customers and funding prospects dry up. Some investment pundits even project up to half of startups in pre-Series A funding are likely to disappear following the Covid-19 era. The pandemic is expected to shed at least 20% of venture […]

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Brunei passport among top three in SEA

Brunei passport holders have free access to 166 countries and territories and scored high in terms of taxation. But more needs to be done in personal freedom and global perception. The Sultanate ranked 47th globally among 199, said a report released by Nomad Capitalist on Tuesday. The Global offshore consulting firm ranked 199 economies in […]

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Philippines: Higher duties pushed for imported vehicles

MANILA, Philippines — Automotive parts makers have renewed their call to government to support local parts manufacturing by implementing safeguard measures on vehicle imports to reduce the entry of vehicles from overseas or completely built-up (CBU) units and prevent small and medium parts makers from closing shop amid the COVID-19 pandemic. “Our main appeal is […]

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