SIEMENS Mobility will install CBTC on the new metro line connecting Malaysia and Singapore after it was awarded a contract by RTS Operations to design, install and commission the signalling system and install platform screen doors. The technology will be installed on the Johor Bahru – Singapore Rapid Transit System, in what Siemens claims will […]
Read MoreShopee, a major e-marketplace in Asean, is ramping up a marketing strategy to broaden its customer base beyond youngsters to boost sales through the platform amid a sluggish economy. Shopee, which is part of the global consumer internet firm Sea, chose to use Jackie Chan, the Chinese martial arts actor and superstar, as a major […]
Read MoreWith such a move, customers would now have another six months to recover their business operations. Banks are expected to expand their support for businesses and people in form of debt rescheduling, waiving, and freezing of lending rates for a further six months until June 30, 2022, from the previous deadline of December 31, 2021. […]
Read MoreMANILA, Philippines — S&P Global Ratings has downgraded the Philippines’ 2021 gross domestic product (GDP) growth forecast to 4.3 percent from an earlier six percent outlook due to the emergence of the highly contagious COVID-19 Delta variant. The debt watcher said intermittent lockdowns have been weighing on economic activity as the emergence of new variants […]
Read MoreThe Phnom Penh Special Economic Zone Plc (PPSEZ) is working towards a cross-listing in Thailand. If approved, PPSEZ would become the first Cambodian firm to be cross-listed abroad. It would also mark the first time Thai regulators would allow a foreign firm to be traded on the Stock Exchange of Thailand (SET). “We heard about […]
Read MoreFinance Minister Arkhom Termpittayapaisith says there is no need for the government to borrow additional money to combat the pandemic because the existing 500-billion-baht loan is sufficient. On Monday, Bank of Thailand governor Sethaput Suthiwartnarueput said at a press event the government should add at least 1 trillion baht in the economic fight against the […]
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