indo01
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Indonesia: Online Taxi App GoJek Expands to Four Southeast Asian Countries

TEMPO.CO, Surabaya – Indonesian application-based ride-hailing company GoJek confirmed that it will expand to four Southeast Asian countries, namely Singapore, Philippines, Thailand, and Vietnam. GoJek Indonesia corporate communication Vice President Michael Say explained that the company’s brand name for the Vietnam market will change to ‘GoViet’, while Thailand will take the name ‘Get’. “As for the two remaining countries; Singapore […]

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Tech giant to make Philippines its Southeast Asia hub

MANILA, Philippines — Global tech parts giant Cal-Comp Technology (Philippines) Inc. is spending the proceeds of its planned P6.77 billion initial public offering to expand its operations, acquire new equipment, and focus on research and development as it grooms the country as its next hub in Southeast Asia. New Kinpo Group chief executive officer Simon […]

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Thailand: Central bank steps in to slow baht slide

The Bank of Thailand has moved to curb the baht’s rapid retreat against the greenback as the local currency hit a nine-month low.  The central bank has sporadically taken action against the currency’s weakness by selling the US dollar to smooth out the baht’s movement after it depreciated at a faster pace, lowering foreign reserves, said […]

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