cam01
Read More

Cambodia: Insurance industry sees strong growth

The fledgling insurance industry in the Kingdom continues to undergo remarkable growth, with premiums growing by more than 14 percent in the first half of the year, according to insiders. Speaking at a workshop on the insurance industry yesterday, Huy Vatharo, chairman of the Insurance Association of Cambodia (IAC), said the market is growing rapidly […]

Read More
th03
Read More

Thailand: Grab, Get duke it out over food delivery

Super-apps Grab and Get have been locked in competition over the food delivery market, which is thriving as the “lazy economy” grows. The two unicorn startups have claimed strong growth for their delivery services, but ride-hailing services may see a reshuffle with the government expected to legalise the services next March. “This is an exciting […]

Read More
phil01
Read More

Philippine economy grows 6.2% in Q3 2019

MANILA, Philippines (11:40 a.m.) — The Philippine economy recorded a 6.2% growth in the third quarter of 2019, the government announced Thursday. The country’s gross domestic product is higher than the 5.5% growth in the second quarter this year, the Philippine Statistics Authority said. According to the PSA, net primary income from the rest of the world grew by […]

Read More
mm01
Read More

Myanmar: Seeking growth with a strategic partnership

This year saw Myanmar’s Ministry of Planning and Finance opening of the local insurance market to foreign. Currently, there are five fully foreign-owned life insurers, three local-foreign joint venture general insurers and three local-foreign joint ventures life insurers, in addition to local insurance companies.  One of the joint ventures is the partnership between Aya Myanmar […]

Read More
th02
Read More

Thailand: Confidence dips in October

Despite a spate of government stimulus measures, consumer confidence continued to ebb in October as the public fretted about the tepid economy, political instability, shrinking exports, low farm prices and global uncertainty stemming from trade wars and the Brexit impasse, as well as the US suspension of tariff preferences on 573 Thai goods. According to […]

Read More