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Grab readying financial services in Thailand

Grab, Southeast Asia’s leading on-demand transport service, plans to expand into e-wallet and micro lending in Thailand to capitalise on the booming cashless society trend.  The company is in the process of seeking a Bank of Thailand licence for e-wallet and micro lending as part of the group’s strategy to expand in financial services and improve […]

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Myanmar: Consultation on draft mining EIA guidelines begins

Comments are invited on the two draft documents intended to guide those undertaking Environmental Impact Assessments (EIA), Initial Environment Examinations (IEE) and Environmental Management Plans (EMP) for the mining sector, including gemstones and jade, before June 15. This serves as part of efforts from the Myanmar Centre for Responsible Business (MRCB) to follow up the Mining […]

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MyHSR suspends talks with KL-Singapore high speed rail PDPs

KUALA LUMPUR: MyHSR Corp Sdn Bhd has suspended further negotiations with the project delivery partners (PDPs) for the KL-Singapore high speed rail (HSR) development following the Government’s decision to cancel the project. Gamuda Bhd  and Malaysian Resources Corp  Bhd, in separate filings with Bursa Malaysia today, said they received the letter from MyHSR today informing that all further […]

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Asean states shunning peers

With the Asean Economic Community (AEC) entering its third year, the latest study has found that members are trading more with outsiders, notably China and South Korea, than with their peers.  The study also predicts that over the next five years, Thailand and Asean members will lose both trade and investment opportunities in Cambodia, Laos, […]

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