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Myanmar: No rules were changed to insurance JVs: MoPF

There have been no last-minute policy changes in regards to joint ventures between local and foreign insurers for both the life and non-life segments of the insurance market. Ministry of Planning and Finance (MoPF) director-general of the Foreign Regulatory Department U Zaw Naing disputed any such last minute policy changes in regards to the shareholding […]

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Indonesia’s coal reference price up slightly in August

The government has set the country’s coal reference price (HBA) for August at US$72.67 per ton, a slight increase from $71.92 per ton the previous month. Energy and Mineral Resources Ministry spokesman Agung Pribadi said little change was expected in coal prices on the world market this month. “The market is relatively the same as the […]

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Philippines: Trade gap narrows to $2.47 B in June

MANILA, Philippines — The country’s trade deficit narrowed to $2.47 billion in June as exports continued to grow while imports declined further, the Philippine Statistics Authority (PSA) said yesterday. The trade gap last June was lower than the $3.55 billion deficit registered in June 2018. Total external trade in goods in June amounted to $14.49 […]

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FTAs force Vietnam to reform business environment: Experts

The Hanoitimes – Vietnam is said to change its regulatory framework to tap potential offered by FTAs. Free trade agreements (FTAs), most of which lower tariff barriers, are expected to create more motivation for Vietnam to reform its business environment, according to local and foreign experts. The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and […]

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GoJek, on tackling the Singapore market

“Honestly, to me, it’s still a miracle that we have an office here with that view. From that two-storey house in Jakarta, I never thought we’d get here,” says Raditya Wibowo. Mr Wibowo is the global head of transport at GoJek. As one of the early employees of the firm, he has seen the company grow from […]

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