Ride-hailing app Go-Jek is Indonesia’s first decacorn after its valuation hit US$10 billion, according to research institution CB Insights, in its Global Unicorn Club report. CB Insights places Go-Jek in 19th position, below its competitor Grab, the valuation of which has been is recorded at $11 billion. Uber is still in the top position with total valuation of $72 billion. […]
Read MoreInternational internet gateway (IIG) operators and telecom veterans have poured scorn on the telecom regulator’s request to categorise internet traffic by local or over-the-top service, calling the idea impractical, a breach of user data and a barrier to Thailand’s digital economy development. The initiative by the National Broadcasting and Telecommunications Commission (NBTC) is seen as “using […]
Read MoreMANILA, Philippines — The government plans to develop advertising, film, animation, game development and design as priority sectors in line with the country’s aim to become the top creative economy in Southeast Asia by 2030. In a statement, the Department of Trade and Industry (DTI) said it has received the creative economy roadmap submitted by the Creative […]
Read MoreDespite losing its duty-free export status in the EU, the Kingdom’s rice exports saw a six per cent increase in the first quarter of this year compared to the same period last year, according to figures released by the Secretariat of One Window Service for Rice Export Formality. Industry insiders said the increase is due […]
Read MoreThe 10 Asean member states plan to adopt the national single window system this year to facilitate regional customs payment and reduce trade barriers, says the Finance Ministry’s Fiscal Policy Office (FPO). Building up connectivity among Asean countries is being discussed by senior Asean officials, with the national single window used for imports and exports, said […]
Read MoreKUALA LUMPUR – Malaysian trade officials see bright prospects for trade in halal goods, as well as in technology exchange with the Philippines which is now shaping up as a promising area in the halal value chain. The Philippines currently has a small consumption base for halal products owing to its small Muslim population, but […]
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