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AI businesses on the rise in Asean

Singapore is one of the Southeast Asian countries aiming to be a leader and business centre in artificial intelligence (AI) in line with its industrial transformation policy. The so-called Industry 4.0 revolution has been taking place in Asia-Pacific nations, including Thailand, providing significant opportunities for AI development.  “Industry 4.0 is upon us. Robotics, artificial intelligence and additive […]

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ASEAN to sign MOU allowing smaller vessels to travel in region’s waters

DAVAO CITY — Transport ministers of the 10-country Association of Southeast Asia Nations (ASEAN) will sign next month a memorandum of understanding (MOU), allowing non-conventional size ships, including wooden boats, to cross the maritime borders of the countries within the region, Mindanao Development Authority (MinDA) Executive Director Romeo Montenegro. Montenegro said that all 5-tonnage boats […]

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Philippines more vulnerable to external shocks

MANILA, Philippines — The Philippines’ widening current account deficit as a result of higher investments will leave the country more vulnerable to external shocks and developments, according to ANZ Research. In its Asia Macro Strategy Weekly report, ANZ Research noted that the uptick in investments has led to a current account deficit in some economies […]

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Cambodians flock to Guangxi for tourism and commerce

Up to 11,000 Cambodians have travelled to Guangxi Autonomous Region so far this year for both tourism and commerce purposes as a result of extensive promotion of the southern province in Cambodia and increased air connectivity. Establishing a daily flight from Phnom Penh to Guangxi, as well as increasing the number of flights from Siem […]

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Myanmar, Vietnam trade hit over USD360 million in five months

YANGON (Xinhua) – Bilateral trade between Myanmar and Vietnam has reached over USD362 million in five months of the six-month transitional period from April to September this year, according to the figures from the Commerce Ministry yesterday. Myanmar has changed its fiscal year period from original April-March to October-September beginning 2018-2019, producing a six-month transitional […]

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Singapore shoe brand debuts in Brunei

HEATWAVE, a well-known shoe brand held a grand opening for its boutique in Aman Hills Shopping Centre yesterday. The Singaporean brand has over 40 stores in Singapore, Dubai, Indonesia, Malaysia, the Philippines, Cambodia, Myanmar and Qatar. General Manager Gina Tan launched the Heatwave Boutique featuring products known for its good quality and philosophy that less […]

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