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Rise of ride-hailing firms against traditional taxis is inevitable in Vietnam: PM

The Hanoitimes – Such trend would help better meet transportation needs at more affordable prices, ensuring convenience, safety and improving service quality of both taxis and electronic-contract based vehicles, stated Prime Minister Nguyen Xuan Phuc. The rise of ride-hailing firms at the expense of traditional taxis in Vietnam’s transportation market is inevitable and seen as a […]

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UnionBank, UBX become first Philippine partners for the MAS Business Sans Borders

Union Bank of the Philippines’s fintech subsidiary UBX has become the first Philippine partners for the Monetary Authority of Singapore (MAS) Business Sans Borders (BSB) project.  The partnership allows UBX’s SME platform, Sentro, to be integrated in the BSB system, enabling SMEs from both markets to discover cross-border business opportunities said UBX in a release […]

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Thailand: Forecasts cut as Q3 GDP withers

The slowdown in economic growth in the third quarter has prompted government think tank National Economic and Social Development Council (NESDC) to cut its 2019 GDP forecast again to 2.6% — from an earlier projection of 2.7%-3.2%. The lower projection was attributed to the country’s poor export prospects in light of the slowing global economy, […]

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