FastGo, the Vietnam-based ride hailing company, has expanded into Myanmar, making it the first Vietnamese firm in the ride-hailing sector to expand its operations to a foreign market. FastGo plans to introduce its services in big cities in Myanmar and is targeting two million users and 100,000 drivers within its first year of operations. In […]
Read MoreThe Financial Services Authority (OJK) has issued a regulation on equity crowdfunding that offers shares through information technology. OJK Regulation No. 37/ POJK.04 /2018 issued on Dec. 31, 2018, is to provide space for startup companies to obtain funding through the stock market as well as expand financial inclusion. “The OJK as the supervisory authority applies supervision […]
Read MoreA NOTABLE recent development took place last month when a Memorandum of Understanding (MoU) was signed between Pure Fresh International Holdings Limited and Ghanim International Corporation Sdn Bhd. The MoU was signed for a strategic partnership for overall aquaculture development and the processing of seafood for export to China’s massive market. In addition, the MoU […]
Read MoreLocal producers were given an opportunity to display their ware at the Made in Myanmar trade fair held over the weekend in Kandawgyi Lake, Yangon. The event was held on January 4-6 with the aim of drawing more attention to local products and for entrepreneurs to gain experience and new ideas. “There are many local […]
Read MoreKUALA LUMPUR: Core earnings in the banking sector is expected to grow by 4.6% in 2019 underpinned by modest growth of 3.6% and supported by higher net interest income from loan expansion. In its sector update, Ambank Investment research said loans for the Malaysian banking industry is expected to grow 4% to 5% premised on […]
Read MoreMANILA, Philippines — The Securities and Exchange Commission (SEC) has revised anew its proposed rules on `initial coin offerings (ICOs), taking into account the comments received from the public last year. ICO is the cryptocurrency equivalent of an initial public offering. It can be a fundraiser wherein a company looking to create a new coin, […]
Read More
Thailand
