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Philippines corporations may opt to retain corporate term

MANILA, Philippines — Corporations in the Philippines may still retain their specific corporate terms instead of having perpetual existence as now allowed by the Revised Corporation Code of the Philippines, according to the Securities and Exchange Commission. According to the SEC’s draft guidelines on corporate terms, a decision to retain the specific corporate term of […]

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malay01
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Grab’s new policy infuriates Malaysians

Local rideshare users are up in arms over Grab Malaysia’s updated Passenger Cancellation Policy which goes into effect on March 25. The policy, which states that passengers who cancel rides five minutes after getting a driver will be charged a fee ranging from three to five ringgit ($0.74 to $1.23), spurred much disapproval on social […]

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phil02
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Chinese investors eye more projects in Philippines

MANILA, Philippines — Chinese investors are looking at participating in more infrastructure projects in the Philippines under the Build Build Build program of the Duterte administration. More than 500 investors based in Beijing and nearby areas attended the Philippine Economic Briefing held by economic managers led by Finance Secretary Carlos Dominguez. China is among the […]

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vn02
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Vietnam’s trade turnover tops US$100-billion mark in Q1

The Hanoitimes – The FDI’s exports year to March 15 reached US$32.76 billion, up 2.7% year-on-year, accounting for 69.6% of Vietnam’s total exports. Vietnam’s trade turnover reached the US$100-billion mark year to March 19, according to the General Department of Vietnam Customs (GDVC).  The country’s trade revenue as of March 15 stood at US$93.6 billion, up […]

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