vn05
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World’s largest secure logistics firm enters Cambodian market

WorldBridge Secure Logistics (WSL) has rebranded as Brink’s WorldBridge Secure Logistics (BWSL) with the full fledged entry into Cambodia of Brink’s, the world’s largest secure logistics company. The rebrand was announced on Saturday at the Sofitel Hotel in Phnom Penh. Sear Rithy, founder and chairman of WorldBridge Group, was joined at the ceremony by United […]

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vn04
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Vietnam: Online investment apps offering choice and clarity

The stupendous surge of retail investors across the globe has prompted digitally-led investment applications and online platforms to develop, as they look to automatically optimise their passive indexed portfolios. Newly-minted domestic investment app Infina successfully last week closed an oversubscribed $2 million seed round with the participation of international investors including Saison Capital, Venturra Discovery, […]

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Thais flock to purchase foreign securities

Investment in foreign stocks has risen exponentially as Thais rush to buy high-growth stocks in global markets after recently being allowed to do so through local brokers, while Thai stocks remain volatile during the pandemic. According to the Securities and Exchange Commission (SEC), revenues from global stock trading through local brokers for the first half […]

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indo01
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Indonesia loses upper-middle income status amid pandemic

JAKARTA (THE STAR/BLOOMBERG) – Indonesia has lost its prized upper middle-income status after only a year, as Southeast Asia’s largest coronavirus outbreak reverses gains in poverty and employment. The World Bank downgraded Indonesia to lower-middle income status as of July 1, with a gross national income per capita of USD3, 870. The country had graduated […]

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