KUALA LUMPUR: Maybank Kim Eng Group says a recession in 2019 is unlikely but there is a possibility of it happening in the second half of 2020. Its economist Lee Ju Ye was one of three panellists at Maybank Investment Bank Bhd’s (Maybank IB) second half 2019 market outlook (2H2019) on Saturday. “Trade-oriented economies will […]
Read MoreAll eyes are on this week’s meeting of the Asean Telecommunication Regulators’ Council (ATRC) in Bangkok, watching for clues as to whether it will usher in joint guidelines that will get tough on over-the-top (OTT) operators, particularly where taxation is concerned. OTT refers to digital applications or services operated over internet networks. The rise of […]
Read MoreOverall car sales are expected to contract throughout the third quarter of 2019 after figures in July remained in the red for a second straight month, attributed to financial institutions tightening their car loan conditions in line with the Bank of Thailand’s warning, say local distributors. The automotive industry club of the Federation of Thai […]
Read MoreThe government’s plan to block the use of unlicensed cell phones entering Indonesia is immature and detrimental to the public interest, says the Indonesian Ombudsman. The Ombudsman noted some oddities in the initiative after a recent meeting with the Communications and Information Ministry to examine the ministry’s draft for a regulation on the matter. “It […]
Read MoreLimestone Network, a Singaporean startup, is planning to build a smart city in the heart of Phnom Penh. For in depth analysis of Cambodian Business, visit Capital Cambodia International startup media platforms reported this week that Limestone Network is seeking to transform the face of Southeast Asia by building smart cities powered by blockchain technology. Limestone […]
Read MoreMANILA, Philippines — A Chinese firm engaged in the manufacture of yarns and fabric is looking to set up shop in the Philippines, the Department of Trade and Industry (DTI) said. Trade Secretary Ramon Lopez met with representatives from Texhong Textile Group Ltd. in China last week and the company discussed its interest to invest […]
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