A FORMER Singaporean banker’s motorcycle-taxi app is emerging as a key rival to Grab – and a test case for Manila’s resolve in unclogging the world’s most congested streets. Founder Angeline Tham’s Angkas – the Filipino word for “hitching a ride” – has in three years become one of the Philippines’ most popular ride-hailing services […]
Read MoreTAK: Bilateral border trade between Thailand and Myanmar is expected to flourish after the second Thai-Myanmar Friendship Bridge becomes fully operational, starting from Oct 30. Niyom Wairatpanich, vice-chairman of the Thai Chamber of Commerce, said the bridge is vital to boost border trade between the two countries, increasing trade flow and logistics services through Mae […]
Read MoreMANILA, Philippines — The race to become a “smart city” is on and in Asia, Manila is the worst performer. Out of 102 cities worldwide, the Philippine capital ranked 94th in the 2019 Smart City Index published Thursday by Switzerland-based IMD Business School and Singapore University of Technology and Design. In Asia, Manila lagged behind […]
Read MoreState-owned energy company Pertamina has added this year 37 new locations for its single fuel price program, bringing the 3-year-old program’s total reach to 161 locations as of October. Pertamina spokeswoman Fajriyah Usman said in a statement that the locations covered by the single price program were Papua (33 locations), Maluku ( 17 ), Nusa […]
Read MoreMyanmar ranks 95th out of 107, the lowest among ASEAN nations, in the latest Henley Passport Index, mainly due to a lack of economic freedom. The index is based on exclusive data from the International Air Transport Association and scored based on visa-free and visa-on-arrival access to other countries. Japan and Singapore hold first place […]
Read MoreThe Asian Development Bank (ADB) regards the continued buildup of credit in Cambodia real estate and related businesses as a risk that could disrupt the country’s economic growth. According to an ADB report from last Wednesday, the Cambodian economy remains on track and is expected to expand seven percent this year due to continued strength […]
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