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Vietnam’s PMI stood at 51.6 in March

The Hanoitimes – The Vietnam Manufacturing Purchasing Managers` Index (PMI) stood at 51.6 in March, down from 53.5 in February, showing a moderation in upward momentum, Nikkei Asian Review assess in its latest report. The reading signaled a modest improvement in the health of the sector, and one that was the weakest since November last year. […]

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Indonesia: BI Grants Registration for 15 Fintechs

TEMPO.CO, Jakarta – Bank of Indonesia (BI) has granted the registration of payment system for 15 technology-based financial services providers (Fintech). However, BI is still waiting for the entity to enter the regulatory sandbox for later approval. Executive Director of Payment System Department of BI, Onny Widjanarko, stated here on Monday that out of the 15 fintechs, […]

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Malaysia, Philippines to scrutinise Uber-Grab deal

SINGAPORE/KUALA LUMPUR: The Philippines competition watchdog said on Monday it is looking at whether the deal by Uber Technologies to sell its Southeast Asia business to rival Grab will substantially reduce competition. “The Grab-Uber acquisition is likely to have a far reaching impact on the riding public and the transportation services. As such, the PCC […]

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Thailand: Aero Media leaping onto Myanmar opportunity

Aero Media Co, the licence holder that manages advertising at 13 airports, is jumping on the media bandwagon at Yangon airport as a springboard to Cambodia, Laos, Myanmar and Vietnam (CLMV).  The company is joining forces with Myanmar’s leading out-of-home (OOH) media operator Rifle Media to set up the joint venture, Rifle Aero Media Co, […]

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