Local taxi companies say they are facing a poor business environment even with the departure of ride-hailing company Uber from Myanmar earlier this year, leaving competitor Grab to dominate the local market. Before Uber and Grab started operating in Myanmar, taxi services were largely provided by two local companies: Hello Cabs and Oway Ride. But […]
Read MoreMANILA, Philippines — The economy continued its growth streak of at least six percent for the 14th consecutive quarter but failed to keep up with market expectations, growing by 6.1 percent in the third quarter this year. The Philippine Statistics Authority reported yesterday that economic growth – as measured by the gross domestic product (GDP) […]
Read MoreMoody’s Investors Service Inc said Cambodia is among East Asian countries that could benefit from the relocation and investment by firms looking to reduce their exposure to US trade policy uncertainty in the face of a worsening US-China trade war in 2019. In fact, it is less affected by the trade restrictions because its exports […]
Read MorePETALING JAYA: The hike in taxes, fees and levies on the gaming industry, particularly the increase in casino duties of up to 35%, is credit negative for Genting Bhd , said Moody’s Investors Service. The increase in duties, which was announced in Budget 2019, would erode Genting’s earnings contribution from its Malaysian leisure and hospitality segment, consequently weakening the group’s leverage, it […]
Read MoreThe Hanoitimes – With the high growth potential, coworking space is promising to bring tremendous utility not only for the users but also a ‘piece of cake’ which is attractive for both foreign and domestic investors. Major international coworking space players have entered Vietnam’s market, which has developed strongly over the past year driven by the […]
Read MoreEyeing to develop and commercialise the largely unexplored bamboo market, Malaysia-based Global Innovation & Entrepreneurship Foundation (GIEF) yesterday signed a memorandum of understanding on cooperation with the Cambodian Ministry of Agriculture. Agriculture Minister Veng Sakhon said the agreement represents an achievement by the ministry in attracting foreign investment in the agriculture sector. “Bamboo has the […]
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Thailand
