TEMPO.CO, Jakarta – The government denied a statement from The Institute for Development of Economics and Finance (Indef) that the government debts, which mostly comes from the issuance of government securities (SBN), is controlled by foreign parties. The Finance Ministry said that government debt is still dominated by domestic investors. “That’s not true. It is still dominated […]
Read MoreTEMPO.CO, Jakarta – Online-based transportation service provider Uber in Southeast Asia will shut down its application following the acquisition to Grab on Monday, March 26. The acquisition of Uber and Grab would cause Uber user to no longer able accessing the application because in the next two weeks, precisely on April 8, the service will be shut down. “After […]
Read MoreAll stakeholders in the cryptocurrency market have been watching to see how the Thai government responds to the global phenomenon that is virtual currency. But despite all the talk and anticipation of a formal legal framework to regulate cryptocurrency — and contrary to the more accommodating stance the Securities and Exchange Commission has been taking — a […]
Read MoreMANILA, Philippines — The Philippine Competition Commission on Monday reminded Grab Philippines that the country’s antitrust body must be notified should the ride-hailing firm’s recent acquisition of Uber Technologies Inc.’s Southeast Asian operations meet the mergers and acquisitions review trigger. “No notification has been filed at the PCC by Grab or Uber to date,” PCC […]
Read MoreThe Hanoitimes – Exports of Vietnam’s phones and spare parts last year skyrocketed by 31.9 percent against the previous year to US$45.27 billion, accounting for 21.15 percent of the country’s total export revenue. The Ministry of Industry and Trade announced it in the Vietnam’s 2017 Export-Import Report released recently, however, noting that 99 percent of the […]
Read MoreThe Hanoitimes – 2018 is expected to be an active year in the Hanoi retail market with a total of 157,000 sqm coming from eight under-development projects. Most of these new projects are located in fast developing residential areas with good connecting infrastructure, which are expected to be attractive to both retailers and consumers, according to […]
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Thailand
