cam01
Read More

Cambodia: Standard for imported cars soon

The Cambodian government plans to standardise the import of automobile especially second-hand cars to ensure quality and safety for the end-user is not compromised, said a senior official from the Ministry of Public Works and Transport yesterday. Pov Maly, secretary of state for the ministry told reporters after a meeting yesterday that so far, Cambodia […]

Read More
aec01
Read More

AEC: Business expedited amid workers’ rights red lines

With the rules guiding the Asean Economic Community (AEC) seemingly favourable to the business community, what should the Asean workforce expect in return for their movements within the community? There are fears the unsuspecting public might fall victim to their own obscurity on their rights within the AEC framework. To begin with, the business community […]

Read More
logo
Read More

Philippines: LBC acquires remittance firm in Brunei

MANILA, Philippines — LBC Express Holdings Inc., the listed logistics company, has acquired LBC Mabuhay Remittance Brunei Remittance SDB Bhd after acquiring the shares of the latter’s majority shareholders. In separate disclosures yesterday, LBC Express said the company signed a share purchase agreement to acquire from Jamal Ltd. 50 percent ownership in LBC Mabuhay Remittance […]

Read More
indo02
Read More

Indonesia: Government sees lower deficit in September

The Finance Ministry announced on Wednesday that the state budget deficit declined in September to Rp 200.23 trillion (US$13.2 billion), equivalent to 1.35 percent of gross domestic product (GDP). “The deficit realization was lower than the deficit in the same period last year, both in terms of its [actual] figure and in its percentage of GDP,” the ministry said in a statement. The […]

Read More
sin01
Read More

Singapore e-wallet, WeChat in talks for cross-border payments

Singapore electronic payments provider Nets is in talks with Tencent Holdings’ WeChat Pay to allow users of its NetsPaydigital wallet to make mobile payments in mainland China, according to people familiar with the discussions. The partnership will allow NetsPay users to scan QR codes in stores accepting WeChatPay on the mainland and settle purchases in Singapore dollars, said the people, who declined […]

Read More