ASEAN News

November 8, 2018

Grab partners Thailand’s KBank to launch e-wallet in 2019, gets US$50m investment from bank

GRAB on Thursday announced a partnership with Thailand’s Kasikornbank (KBank) to launch mobile payment application GrabPay by KBank. The mobile wallet, which is slated to be launched as soon as early 2019, will allow Grab customers to pay for transport and delivery services, transfer funds, purchase products and services online, and make QR-code payments in restaurants and shops across Thailand. […]

November 8, 2018

US China trade war boosts Cambodian export products

Cambodian exports to the US in the first nine months of the year grew 27 per cent or $2.86 billion compared to the same period last year, said the Census Bureau of the US Department of Commerce. During the same period, the US exported about $322 million worth of goods to the Kingdom – a […]

November 8, 2018

Thailand: Platinum readies Ratchaprasong debut

Platinum Group Plc, the operator of Platinum wholesale fashion mall, is set to open its first retail project in the Ratchaprasong area in February. The retail development is part of the company’s mixed-use project, The Market Bangkok, worth a combined 9 billion baht on 21 rai opposite CentralWorld. The Market Bangkok comprises three retail buildings […]

November 8, 2018

Vietnam: Legal bottlenecks hinder FDI in petrol industry

The Hanoitimes – Investors are concerned about a low return on investments in oil and gas projects in Vietnam. The government should promptly revise financial regulations and incentive policies applied for the petroleum industry to make it more attractive to foreign investors, experts said. According to statistics released recently by international energy research and consultancy firm […]

November 8, 2018

Philippines: Gross international reserves level drops to $74.8 billion in Oct 2018

MANILA, Philippines — The country’s foreign exchange buffer thinned to its lowest level in more than seven years at $74.8 billion in October as the Bangko Sentral ng Pilipinas (BSP) continued to smoothen the volatility in the foreign exchange market. The gross international reserves (GIR) level last month was $166 million lower than the $74.94 […]

November 8, 2018

Vietnam: Da Nang promotes tourism potential to international cruise liners

The Hanoitimes – The 2018 international conference on cruise liner tourism aims to introduce Da Nang advantages and the development policy of the city. The 2018 international conference on cruise liner tourism will take place on November 15 in Da Nang city, said the Da Nang Department of Tourism at a press conference on November 8. […]

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