Responding to the challenged of the spread of the COVID-19 and global lockdown, the Thailand Convention and Exhibition Bureau (TCEB), the government agency tasked with promoting and developing the business tourism sector in Thailand, has recently launched a new...
A new law in Vietnam on investments through the Public-Private Partnership (PPP) model is expected to come up for final approval soon. The draft law was published by the Ministry of Planning and Investment of Vietnam in May 2019 and it has been going through the...
Bank Indonesia (BI), the central bank of Indonesia, has announced that it will ease regulations on credit cards, through lowering maximum interest rates and late payment penalties, in a bid to increase cashless transactions and boost economic activity. The central...
Everest, a blockchain-based decentralized digital payment Software-as-a-Service (SaaS) provider, has announced the conclusion of a partnership with BRI Remittance, a subsidiary of Bank Rakyat Indonesia, one of Indonesia’s largest banks. San Diego-based Everest...
The Malaysia Digital Economy Corporation (MDEC) and Singapore-based KK Fund Pte Ltd have recently launched a virtual investor-matching initiative called ‘Meet Your Match Malaysia’ for local startups that are looking for capital. The initiative, aimed at mitigating the...
The Philippine government has passed Republic Act No. 11469 or the Bayanihan to Heal As One Act, in order to facilitate the flow of essential goods as the country is put into a nationwide quarantine, restricting the movement of people. Under the Law, the Department of...
Singapore and Australia have concluded negotiations for a Singapore-Australia Digital Economy Agreement (DEA). The DEA will create a framework for deeper cooperation in the digital economy between both countries to shape international rules, establish interoperability...
A study conducted by Thailand’s Department of Trade Negotiations found that joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), would boost Thailand’s gross domestic product (GDP) by 0.12%, or THB 13.3 billion, and...
South Korea and Vietnam are looking to enhance supply chain cooperation, potentially making Vietnam a key link in the supply chains of South Korean businesses, especially in the automobile, electronics and garment and textile sectors. On 13 April 2020, South Korean...
During the visit of King Willem-Alexander and Queen Maxima of the Netherlands to Indonesia in March 2020 25 business agreements worth USD 1 billion, covering wide ranging cooperation, were signed. Netherlands is one of Indonesia’s important trading, investment and...
Axiata Group Bhd, one of Malaysia’s leading telecommunications groups has revealed that the company is in talks with 11 parties on possible partnerships to set up Malaysia’s maiden digital banking service. Axiata expects to establish a virtual bank by the second...
The leading Philippine conglomerate, Aboitiz Equity Ventures (AEV), has allocated PHP 73 billion (USD 1.432 billion) for capital expenditure during 2020 to show support for the Philippine government’s projects as well as mitigate the impact of COVID-19 crisis on the...
