Grab has partnered with state-owned Myanma Insurance to launch a group Personal Accident Insurance (PAI) scheme which covers its drivers and passengers in the case of an accident during a GrabTaxi, GrabThoneBane or GrabBike ride. It is the first ride hailing company to procure a group PAI policy in Myanmar, covering four-wheel, three-wheel and two-wheel […]
Read MoreThe Transport Ministry has urged bus operators to set up routes across borders from Thailand to Cambodia, Laos, Myanmar and Vietnam, known as the CLMV countries, due to their highly lucrative business potential. “Expanding road networks afford bus operators more opportunities to do business,” said Chaiwat Thongkamkoon, permanent secretary for transport. The operators need to […]
Read MoreMANILA, Philippines — Key central bank meetings worldwide this week are likely to result in a dovish shift in policy environment as economic managers become “uneasy” about global economic conditions, IHS Markit said in a research paper. The market intelligence firm noted, however, that a mixed outlook prevails in the Asia Pacific including the Philippines […]
Read MoreThe price of rubber has fallen markedly in recent months due to a slowdown in demand in international markets, particularly China. For in depth analysis of Cambodian Business, visit Capital Cambodia The commodity currently fetches $1,300 per tonne in the local market, a drop of more than $100 compared to last year, according to figures from […]
Read MorePETALING JAYA: The outlook on foreign direct investment (FDI) inflows for Malaysia has been weakened due to the rising trade tensions between China and the United States. According to several economists, although Malaysia had registered a 73.4% jump in approved FDI in the first quarter of the year, the unresolved trade tensions between the two […]
Read MoreJapanese and Korean electronics companies Sharp Corp. and LG plan to relocate their factories from Thailand and Vietnam, respectively, to Indonesia as part of their investment consolidation plans in Southeast Asia. Industry Minister Airlangga Hartanto said the relocations would further strengthen their operations in Indonesia, where they have built their respective production bases for a […]
Read More
Thailand
