ADB expect Philippine Economy to recover this year
The Asian Development Bank (ADB) expects the Philippine economy to recover at least 4.5 percent this year. Followed by 5.5 percent in 2022. The country’s...
Shopee launches regional Seller Support Package to aid millions of SMEs
Shopee has introduced various support initiatives to help small and medium-sized enterprises (SMEs). These initiatives target all seven Shopee markets. The initiatives are to help...
The digital economy of Indonesia could reach US$124 billion in 2025
Indonesia's digital economy has the potential to reach US$124 billion by 2025, in line with a study by Google, Temasek, and Bain & Company, Finance...
Gulf Energy bids for Temasek’s Intouch
Gulf Energy Development, Thailand's biggest power producer offered a US$5.4 billion (RM22.27 billion) bid on Monday for Intouch Holdings. The company controls the country's top...
Maybank postpones virtual AGM due to technical glitch
Maybank had to postpone their AGM due to a technical glitch. Malayan Banking Bhd and CIMB Group Holdings Bhd are the two biggest banks in...
Surge in Thai Covid cases causes slump in markets
The Thai market sees a slump as the cases of covid infections surge in the Kingdom. The Stock Exchange of Thailand (SET) Index fell by...
Honda Malaysia gets first woman CEO
Honda Malaysia welcomed its first woman Managing Director and Chief Executive Officer, Ms Madoka Chujo, who succeeded Mr Toichi Ishiyama. Ms Chujo officially assumed office...
Axiata and Telenor to merge mobile operations in Malaysia
Malaysian telecoms firm Axiata Group and Norway’s Telenor ASA are in advanced discussions to merge their Malaysian mobile operations. The firms announced this information on...
Thailand to develop a Southern Border Economic Corridor (SBEC)
The government is mulling the establishment of a Southern Border Economic Corridor (SBEC). The SBEC will span the southern border provinces of Pattani, Yala, Narathiwat,...
OFBank (Overseas Filipino Bank) gets first Digital Licence in the Philippines
The Philippine's Department of Finance (DOF) has granted the Overseas Filipino Bank (OFBank) the first digital-only and branchless licence. The OFB is a subsidiary of...