Asean Economy

Credit Worthiness of ASEAN Countries Intact – StanChart

CEBU, Philippines - Credit worthiness of member-countries of the Association of Southeast Asian Nations (ASEAN) remain intact especially since the earlier feared slowdown of...
ASEAN Finance Ministers

12th ASEAN Finance Ministers Investors Forum Set in Cebu

The island of Mactan in the province of Cebu is hosting this week the 12thASEAN Finance Ministers Investors Seminar (AFMIS), which aims to tackle...
ASEAN Finance Ministers

ASEAN Finance Ministers, Central Bank Governors To Meet in Cebu

MACTAN, Cebu - Finance ministers and central bank governors from the Association of Southeast Asian Nations (ASEAN) are meeting starting Monday, 03 April, in...
UOB Vietnam

Singapore’s UOB Gets Approval to Set Up Subsidiary Bank in Vietnam

United Overseas Bank Limited (UOB) becomes the first Singapore bank to receive preliminary approval to set up a foreign-owned subsidiary banks in Vietnam. The State...
Mazda Bermaz Auto

Philippine Mazda Distributor’s P1.24bln IPO Gets SEC Approval

The Philippine Securities and Exchange Commission (SEC) has approved the P1.24 billion initial public offering (IPO) of Bermaz Auto Philippines Inc, the exclusive distributor...
Zalora

Ayala Land Acquires Stake in Zalora Philippnes

Ayala Land Inc (PSE:ALI) has acquired an ownership stake in online fashion platform Zalora Philippines (Zalora), the country's largest online fashion destination. Ayala Land joined...
Asean

ASEAN Labor Leaders Optimistic on Implementation of Migrant Workers’ Rights Declaration

Labor officials of member states of the Association of Southeast Asian Nations (ASEAN) meeting in Davao City, the Philippines, are optimistic that the ASEAN...
Philippine Stock Exchange Blue Chips

Philippine Stock Exchange: Top Blue Chips To Watch

Blue chips at the Philippine Stock Exchange (PSE) ended the week with a lackluster performance, with only six of the 30 indexed stocks posting...
FDI Philippines Remittances

Philippine FDI Hits USD7bn in 11 Months in 2016

Foreign direct investments (FDI) in the Philippines recorded net inflows of US$756 million in November 2016, higher by 59.4 percent than the US$474 million...
Grab Indonesia

Fast Facts on Grab’s $700 Million Investment in Indonesia

Southeast Asia's ride-hailing platform Grab is investing up to US$700 million in Indonesia over the next four years, according to the country's Investment Coordinating...

Cebu Landmasters To Invest US$241 Million in 2017 Expansion

PHILIPPINES - Cebu Landmasters Inc (CLI), the top Cebu-based developer with the second highest market share of residential condominium units in Cebu, is projecting...
Ant Financial MoneyGram

Ant Financial Expands Global Footprint with MoneyGram Acquisition

Ant Financial, the financial arm of Chinese e-commerce giant Alibaba, is further expanding its global footprint with the acquisition of American money transfer firm...
Asian Financial Forum

10th Asian Financial Forum Attracts More Than 2,800 Finance and Business Leaders

HONG KONG -- The 10th edition of the Asian Financial Forum (AFF), co-organised by the Hong Kong Special Administrative Region (HKSAR) Government and the Hong...

Asia’s Largest Toys & Games Fair Opens in Hong Kong

HONG KONG -- The HKTDC Hong Kong Toys & Games Fair, HKTDC Hong Kong Baby Products Fair and the Hong Kong International Stationery Fair opened...

400 Philippine Flights Cancelled as Typhoon Nina (Nock-Ten) Makes Landfall

Nearly 400 flights are cancelled Monday as typhoon Nina (international name: Nock-Ten) made landfall in northern Philippines Sunday evening, the Manila International Airport Authority...

These 3 Southeast Asian Central Banks Ink Currency Cooperation Deal

In what can be considered as a key milestone in regional central banking cooperation, the central banks of Malaysia, Thailand, and Indonesia have signed...
SGX

3 Fast Facts on Singapore Kilobar Gold Contract’s Certification as World’s First Shariah-Compliant Gold...

Singapore Exchange (SGX) has announced that its Singapore Kilobar Gold Contract has become the world’s first Shariah-compliant gold futures. Here are three fast facts...
Jacobson Pharma

Jacobson Pharma Acquires 100% Interest in Ho Chai Kung Brand

HONG KONG -- Jacobson Pharma Corporation Limited ("Jacobson Pharma" or the "Group"; Stock Code: 2633), a leading company engaged in the research, development, production,...

ETRI Develops High-Performance, Autonomous Vehicle Processor

Daejeon, KOREA - Researchers from Korea's Electronics and Telecommunications Research Institute (ETRI) have developed a high performance processor for autonomous vehicles called Aldebaran. Increased focus...
IBG Tencent

Tencent IBG Launches International Ad Solutions In Singapore

SINGAPORE – To support merchants seeking to engage Chinese visitors, the International Business Group (IBG) of Tencent has launched its international advertising solutions in...