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Covering Asia

Many Asians who have never owned a private insurance policy or received benefits have negative attitudes toward health and life insurance. Many lower-income consumers see it as something they cannot afford, while others are deterred by stories of fraud. More superstitious types see buying insurance as increasing the risk of something bad happening to them. […]

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Thai innovators get helping hand

Minister of Science and Technology Atchaka Sriboonrueng said she believes innovation is not an ideology that should remain exclusive to academic researchers or scientists. Innovation, she said, can involve creativity and new ideas in daily life by ordinary people. Thus, innovators can be local farmers utilising traditional expertise or ordinary people who come up with […]

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Who wants in on the EEC?

The much-awaited Eastern Economic Corridor (EEC) bill has already passed its first reading by the National Legislative Assembly (NLA) and is expected to be implemented by the end of the year. The expectation is that the project will attract immediate foreign direct investment. The reality, however, may be quite different as there are several emerging […]

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Philippines losing export orders to Vietnam, Cambodia

MANILA, Philippines — The Philippines is losing orders to Cambodia and Vietnam as foreign buyers start to shun away from some of the country’s export products due to its manufacturers’ non-compliance to certain social and ethical requirements. Foreign Buyers Association of the Philippines (FOBAP) chair Robert Young, in a report to the Philippine Exporters Confederation […]

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