DAVAO CITY — Transport ministers of the 10-country Association of Southeast Asia Nations (ASEAN) will sign next month a memorandum of understanding (MOU), allowing non-conventional size ships, including wooden boats, to cross the maritime borders of the countries within the region, Mindanao Development Authority (MinDA) Executive Director Romeo Montenegro. Montenegro said that all 5-tonnage boats […]
Read MoreCountries in East Asia-Pacific have been advised to better prepare themselves for disasters following the earthquakes in Indonesia last month. The annual meetings of the International Monetary Fund (IMF) and World Bank that took place earlier this month in Bali were held at an unfortunate time as Indonesia was just hit with two major disasters. The […]
Read MoreCompanies in ASEAN (Association of Southeast Asian Nations) are the most confident about their digital readiness across Asia-Pacific, according to a new study released by Cisco. Titled Ready, Steady, Unsure – A Technology Perspective into Asia-Pacific’s Readiness for Digital Transformation, the study shows that majority of companies in the six largest economies of the ASEAN […]
Read MoreMANILA, Philippines — Prospects for a broader and deeper integration between ASEAN economies and China in the coming decades are “bright” as these countries complement each other in their economic goals, according to a new report by the ASEAN+3 Macroeconomic Research Office (AMRO). In a report titled “China’s Reform and Opening-Up Experiences, Prospects and Implications […]
Read MoreTEMPO.CO, Jakarta – Grab and Mastercard will launch special cards for unbankable customers in Southeast Asia, eyeing to dominate the regional market. The companies will issue two types of cards, a physical one and virtual one. The cards are an extension of GrabPay, the e-money product of the ride-hailing app, which Grab users can also use to transact in […]
Read MoreThe World Economic Forum has released the latest version of its Global Competitiveness Index which saw differing fortunes for longstanding Asian giants. The 2018 edition of the World Economic Forum’s competitiveness Index saw China slip down in the rankings on the back of a slowing macroeconomic situation and longstanding barriers within the Chinese work force. […]
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