Singapore Morning News For April 24

Singapore Morning News For April 24

Singtel units ink agreements for S$4.1b credit facilities with banks SINGAPORE Telecommunications’ (Singtel) subsidiaries have inked agreements for credit facilities amounting to S$4.1 billion for general corporate purposes and refinancing of existing facilities, it said in a Singapore Exchange filing on Monday. — The Business Times Raffles Medical Q1 profit climbs 0.1% to S$15.5m despite […]

Philippines Morning News For April 24

Philippines Morning News For April 24

IMF sees Phl GDP growth at close to 7% The Philippine economy is capable of growing by around seven percent over the next two years on the back of robust domestic demand as well as a strong recovery in exports, according to the International Monetary Fund (IMF). — The Philippine Star Gov’t subsidies rise nearly […]

Indonesia Morning News For April 24

Indonesia Morning News For April 24

French shipping company CMA CGM aims to increase RI market share to 20 percent France’s CMA CGM, the third biggest shipping company in the world, aims to increase its market share in Indonesia to 20 percent by year-end from the current 13 percent. — The Jakarta Post Indonesia cements reserves, braces for Federal Reserve rate […]

Myanmar Morning News For April 24

Myanmar Morning News For April 24

Exclusive: Myanmar’s Hello Cabs raises funding from iMyanmar Group founder Hello Cabs, Yangon’s leading ride hailing app is learnt to have raised funding to the tune of ‘single digit millions’ of US dollars from Nay Min Thu, founder of iMyanmar Group, at a valuation of a high seven digit (US dollars), an executive with direct […]

Philippines Morning News For April 21

Philippines Morning News For April 21

Philippine economy likely to grow close to 7 percent in next three years he Philippines is likely to grow close to 7 percent in the next two to three years, and will remain a top performer in the East Asia and Pacific Region, according to the World Bank Philippines Economic Update released today. – The […]

Myanmar Morning News For April 21

Myanmar Morning News For April 21

US calls out Myanmar in Security Council’s first ‘thematic debate’ on human rights The UN Security Council on Tuesday held its first debate on human rights not connected to a particular conflict. The debate was initiated by US ambassador Nikki Haley, who called out the usual suspects – Cuba, North Korea, Syria, and Iran – […]

Indonesia Morning News For April 21

Indonesia Morning News For April 21

Mike Pence Signed 8 Billion Dollar Deal during Indonesia Visit The United States Vice President Mike Pence has signed a USD 8 billion business deals in presence of his Indonesian counterpart Jusuf Kalla during his Indonesia visit, Foreign Minister Retno Marsudi said Thursday, April 20, 2017. — Tempo.co Dutch Corporation Investing in Indonesia’s Sustainable CPO […]

Singapore Morning News For April 20

Singapore Morning News For April 20

Singapore Shares May See Relief Rally On Thursday The losing streak has hit four sessions now for the Singapore stock market, which has given away more than 60 points or 2 percent. The Straits Times Index now rests just above the 3,125-point plateau, although the market may stop the bleeding on Thursday. — Nasdaq Debate […]

Philippines Morning News For April 20

Philippines Morning News For April 20

Surging imports drive March BoP to biggest deficit in four months The Philippines’ external payments position stood at a $550-million deficit last month, the biggest seen since the $1.671-billion shortfall recorded in November last year. — BusinessWorld Online Philippines: CIP to divest 65% stake in LMG Chemicals Chemical Industries of the Philippines Inc (CIP) on […]

Indonesia Morning News For April 20

Indonesia Morning News For April 20

Deeper Capital Markets Help Indonesia Unlock $70b in Annual Funding: McKinsey Indonesia can unlock $70 billion in additional funding annually from its capital market, should the government provide much-needed financial resources to develop ambitious infrastructure projects, according to a recent report by consulting firm McKinsey & Company. — Jakarta Globe Xiaomi launches Mi Roaming for […]

Myanmar Morning News For April 20

Myanmar Morning News For April 20

Foreign investment booms in Myanmar telecoms Overseas companies spent big on building mobile phone infrastructure in Myanmar over the past year, while they took a break from exploring oil and gas. — Nikkei Asian Review Hong Kong to Help Myanmar Set up a Gold Exchange The operator of Hong Kong’s gold exchange is in talks […]

Singapore Morning News For April 19

Singapore Morning News For April 19

P&G makes US$100m digital innovation move at Singapore centre CONSUMER goods giant Procter & Gamble (P&G) will be pumping in US$100 million over the next five years in its Singapore digital innovation centre launched on Tuesday, in a move to boost digital capabilities and strengthen partnerships with small and medium enterprises (SMEs) here. — The […]

Philippines Morning News For April 19

Philippines Morning News For April 19

$200 M Panda bonds slated for H2 Finance Secretary Carlos Dominguez III said the government may issue Panda bonds or yuan-denominated securities in the second half of the year. — The Philippine Star Philippine economy to lead Southeast Asia growth, IMF says The Philippine economy will lead Southeast Asia in terms of growth in the […]

Indonesia Morning News For April 19

Indonesia Morning News For April 19

Government to build Rp3 trillion dam in Jayawijaya The Central Government will build a dam to cost Rp3 trillion in the regency of Jayawijaya, Papua to be completed in 2019. — Antara News Jakarta polls open amid high tension Basuki Tjahaja Purnama is hours away from finding out if he will make history by being […]

Myanmar Morning News For April 19

Myanmar Morning News For April 19

Real estate development is 20% of Myanmar citizen investments Real estate development accounted for over 20 per cent of investments by Myanmar citizens, followed by the manufacturing and transport sectors. — Global New Light Of Myanmar Over $830 Million Invested in Myanmar by UOB Clients Over $830 million has been invested in Myanmar via United […]

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