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Grab plans aggressive investments

Singapore-based Grab Holdings Inc, a leading Southeast Asian app, has announced plans for rapid expansion in the region, including raising US$6.5 billion (Bt207 billion) in total capital by the end of this year. Grab will also seek to invest aggressively, with a commitment to make at least six investments or acquisitions across the region this […]

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M&A in Vietnam’s retail industry on the rise in 2019

The Hanoitimes – Retail is attractive for investors as the industry has advantages after foreign wholly-owned retail firms have been allowed to set up in Vietnam and taxes imposed on most of goods imported from other ASEAN countries to Vietnam are exempted under the ASEAN Common Trade Area. Vietnam’s retail industry is continuing to see more […]

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Education life insurance launches in Myanmar

A new education life insurance aimed at embedding savings culture for the future education of the children in case of the death or injury of the parent or a caretaker has been launched.   State-owned Myanma Insurance and 11 private insurers introduced the first education life insurance within the local insurance market on April 9. […]

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Philippines still open to more offers from foreign firms for Hanjin

MANILA, Philippines — The Philippines is open to accommodate more foreign firms interested in rescuing the financially troubled Hanjin shipyard in Subic, the Department of Trade and Industry (DTI) said. On the sidelines of the inauguration of Nestle Philippines’ ready to drink plant in Batangas, Trade Secretary Ramon Lopez said they continue to search for a potential white knight […]

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