The Ministry of Transport and Communications, with help from the Japan International Cooperation Agency (JICA), is drawing up a National Logistics Master Plan to supplement the existing National Transport Master Plan in Myanmar. Mr Masayuki Karasawa, chief representative of JICA’s Myanmar Office, presented the National Logistics Master Plan, which is expected to be launched within […]
Read MoreGrab has officially launched its motorbike taxi service and started beta testing a tuk-tuk and rickshaw service in Phnom Penh and Siem Reap, according to a press release issued by the company on Friday. Grab Bike, which has been in beta testing for nearly two months in Phnom Penh’s central districts, launched full services in […]
Read MoreThe Bangko Sentral ng Pilipinas (BSP) cannot continue holding off interest rate hikes and will likely announce adjustments beginning May this year. Japan’s Nomura, Fitch unit BMI Research and banking giant HSBC said they continue to expect rate increases before the end of 2018 given rising inflation, The central bank’s policymaking Monetary Board last week […]
Read MoreKUALA LUMPUR: Maybank Investment Bank Research is cautious on Yinson Holdings over the latest development in the Red Emperor or Ca Rong Do (CRD) project offshore Vietnam. It was reported that Vietnam halted the oil drilling project in the Red Emperor block off its southeastern coast licensed to Spanish energy firm Repsol following pressure from China. Red […]
Read MoreAn electronic registration system is being set up by the Directorate of Investment and Company Administration. The digital system, called Myanmar Companies Online, will be part of the reforms entailed by the new Companies Law, which was enacted last year but will be implemented on August 1. In an announcement, DICA said that the new system […]
Read MoreMANILA, Philippines — Grab Philippines on Monday confirmed that it has acquired the operations of San Francisco-based Uber in Southeast Asia. The announcement follows reports that Grab has finalized a deal with Uber, which includes the latter’s exit from Southeast Asia. “Today we announce an important milestone in the ridesharing industry — Grab has acquired […]
Read More
Thailand
