[BENGALURU] Amazon.com Inc is in early talks with Gojek Group to buy a stake in the Indonesian ride-hailing startup, a source familiar with the matter told Reuters on Wednesday. Details of the stake were not known and the source did not want to be identified as the talks are private. Both Amazon and Gojek did […]
Read MoreExports are set to experience the biggest drop of the year this quarter, marred by rising Sino-US trade tensions and relocation in the global supply chain, says a KTB economist. “Every country has been reeling from the effects of the trade war, resulting in lower imports and investment,” said Jitipol Puksamatanan, chief market strategist of […]
Read MoreMyanmar should consider exporting agriculture products such as rice, nuts, beans and nuts to Malaysia via Thailand, said Daw Thin Thin Myat, chair of Myawaddy Border Traders Association. Currently, these products are being exported only to Laos and Vietnam via Thailand. The government does not have an agreement with the Malaysian government, but one […]
Read MoreSINGAPORE (BLOOMBERG) – Cryptocurrency-related financial services are hard to find in Singapore, as digital assets are a market traditional lenders have tended to avoid. Sygnum, one of the first crypto companies to obtain a conditional banking and securities dealer license from Swiss regulators, is hoping to fill that gap. Sygnum, which is based in both […]
Read MoreMANILA, Philippines — Beverage giant Coca-Cola Beverages Philippines Inc. (CCBPI) is lobbying for the reduction of excise taxes on sugar-sweetened beverages (SSB). The Sugar Regulatory Administration (SRA) said CCBPI chief executive officer Gareth Mcgeown wrote Finance chief Carlos Dominguez, asking the government to “revisit and amend the excise taxes on sweetened beverages.” “Coke sent a […]
Read MoreAlphabet Inc’s Google is shifting its Pixel smartphone production to Vietnam from China starting this year as it builds a cheap supply chain in Southeast Asia, the Nikkei business daily reported on Wednesday. The move comes as labour costs are rising in China along with added pressure from spiralling tariffs due to the ongoing Sino-US trade tensions. […]
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Thailand
