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Startups get local help to turn ideas into business ventures

Southeast Asia is proving a hotbed for startups as entrepreneurs around the region succeed in raising money for innovative new ventures. Two companies whose apps are a common fixture on Cambodian smartphones are proof of what can be done. Grab’s Gaurav Bubna left the ride-hailing company and raised $10 million to fund NextBillion.ai. Its technology […]

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Thailand: Property developers look to tech

Amid a property market slowdown and travel obstacles, developers are adopting digital tools to boost residential sales from local and foreign demand as well as tapping into a new generation of buyers offering sales via cryptocurrency. Kromchet Vipanpong, chief executive of SET-listed developer AssetWise (ASW), said the company joined hands with Thai cryptocurrency firm Bitkub […]

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Thailand: Exports gathering pace amid recovery

Thai exports are maintaining healthy growth momentum, recording the fastest expansion in 11 years in May, driven by strong global demand and economic recovery in trading partners as the government continues aggressive promotion. The Commerce Ministry reported on Thursday customs-cleared exports rose for a third month, increasing by 41.6% from May last year to US$23.1 billion […]

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Brunei inflation low, stable

Brunei Darussalam’s inflation has been low and stable averaging around 1.2 per cent over the last 40 years. This was revealed by Autoriti Monetari Brunei Darussalam (AMBD) Deputy Managing Director (Monetary Operations/Development and International) Hajah Noorrafidah binti Haji Sulaiman in a presentation during the AMBD 10th Anniversary Seminar at The Rizqun International Hotel yesterday. Themed […]

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Brunei passport ranked fifth most powerful

A new passport index from Sovereign Man rated Brunei Darussalam as having the world’s fifth most powerful passport. Brunei Darussalam scored 178.8, where travellers from the Sultanate can travel to 140 countries without a visa. The Sultanate scored an ‘A’ passport grade, which is an excellent travel document that provides access to the world’s most […]

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