The Hanoitimes – In addition to Indonesia and Malaysia, Grab will look more at Vietnam because it sees “increased deal flow on potential opportunities there,” said Grab Ventures’ executive. Ride-hailing operator Grab is expected to invest heavily in regional startups, including those from Vietnam, as the SoftBank Group-backed unicorn strives to expand the reach of its […]
Read MoreThe Bank of Thailand has requested banks and their subsidiaries reduce the ratio of new consumer loans extended to vulnerable groups with a high debt-service ratio (DSR) by at least 10% per quarter for four quarters, starting from the second quarter. The move is part of the central bank’s retail lending guidance, aimed at keeping […]
Read MoreMyanmar has been importing car parts and assembling them for years, but now Chinese cars will be produced here for the first time, at Myotha industrial zone in Ngazun township, Mandalay Region. Shining Star Group of Kunming, China, established Gold AYA Motor International Co Ltd to make automobiles in Myanmar in 2017. The plant on more […]
Read MoreTraders in the northern provinces of Laos now have fewer options for getting their goods into China after Chinese authorities banned imports through local border checkpoints. All products, including agricultural goods, can now enter China only at the main international border crossing at Boten in Luang Namtha province, according to Lao industry and commerce officials. […]
Read MoreMANILA, Philippines — The government is expected to generate P4.42 trillion in revenue by 2022, driven by incremental tax collections arising from the tax reform program, according to the latest medium-term fiscal program of the Development Budget Coordination Committee (DBCC). Based on a document obtained by reporters, government’s revenue for 2020 is programmed to increase […]
Read MoreThe government approved $5.2 billion worth of investment in the first half of 2019, a 48.5 percent hike compared to the corresponding period last year, with officials claiming the figure reflects investors’ growing confidence in the country. For in depth analysis of Cambodian Business, visit Capital Cambodia The latest data regarding investment in Cambodia was presented […]
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