Indonesia Morning News For October 4

Indonesia Morning News For October 4

Grab expands service to 75 Indonesian cities as Go-Jek looks beyond country Grab Indonesia is expanding its services to 75 cities across Indonesia including Banda Aceh and Jayapura – claiming to be the first mobile platform available from Aceh to Papua, the company said in a statement today. — Deal Street Asia Copper price jumps […]

Philippines Morning News For October 4

Philippines Morning News For October 4

UnionBank has lock-card feature to secure client accounts Card fraud remains one of the biggest concerns faced by cardholders and banking institutions today. As Filipinos become more dependent on banking for many of their financial needs—cash safety, shopping transactions, bill payments and the like—scammers are presented with more opportunities to carry out malicious activities targeting […]

Indonesia Morning News For October 3

Indonesia Morning News For October 3

Indonesian foreign tourist arrivals grow nearly 26% in first 8 months The number of foreign holidaymakers visiting Indonesia from January to August expanded 25.68% to 9.25 million people in a year, national statistics bureau announced here on Monday, China’s Xinhua news agency reported. — The Sun Daily Indonesia to give more allocations in tackling poverty, […]

Philippines Morning News For October 3

Philippines Morning News For October 3

NFA collects P11.86-million fines from erring grains retailers The National Food Authority (NFA) collected P11.86 million in fines and enforcement fees from 1,758 grains sellers who violated the country’s grains business laws in January to August. — Business Mirror Asian factories rev up in September ahead of year-end spending spree Factories in Asia’s largest economies […]

Indonesia Morning News For October 2

Indonesia Morning News For October 2

Indonesia’s manufacturing PMI down to 50.4 in September The Nikkei Indonesia Manufacturing Purchasing Managers’ Index, or PMI, fell slightly to 50.4 in September from 50.7 in August. — Nikkei Asian Review Exclusive: Indonesia startup M Cash Integrasi sets IPO price band, receives strong anchor book Indonesia’s second e-commerce startup to go public, digital kiosk service […]

Philippines Morning News For October 2

Philippines Morning News For October 2

Philippines manufacturing PMI inches up in September The Nikkei Philippines Manufacturing Purchasing Managers’ Index, or PMI, edged up in September, indicating the continued subdued growth of the manufacturing economy. — Nikkei Asian Review Senate probes Globe, PLDT on extra fee for paper billings THE Senate is set to look into the additional fee being imposed […]

Indonesia Morning News For September 29

Indonesia Morning News For September 29

The Indonesian Wall and Floor Tile Market is Projected to Reach USD 12.7 Billion by 2021: Ken Research The Indonesia tiles industry will be driven by government investment in infrastructure development of airports and residential settlements. The Indonesian Wall and Floor Tile Market are expected to touch triple its size in 2016 by the end […]

Philippines Morning News For September 29

Philippines Morning News For September 29

AIIB funds $500M flood control The Asian Infrastructure Investment Bank (AIIB) has approved funding part of the $500-million Metro Manila Flood Management Project, the first to be approved for the Philippines by the new multilateral financial institution focused on infrastructure in Asia. — Malaya Philippines is 8th most vulnerable to malware in Asia Pacific Microsoft […]

Indonesia Morning News For September 28

Indonesia Morning News For September 28

Limit of Import Duty on Goods Proposed Up to USD2,500 per Person The imposition limit of import duty on goods from overseas is proposed to be increased by 10-fold, to USD 2,500 per person and USD10,000 per family. — Netral News 7-Eleven Indonesia Parent Company Lost IDR642 Billion in First Semester Modern Internasional (MDRN) suffered […]

Philippines Morning News For September 28

Philippines Morning News For September 28

World Bank report highlights education underspending in past 10 years Despite efforts to increase its budget in the past 10 years, the education sector in the Philippines still suffers from lack of funding due to underspending, according to a new World Bank report. — Business Mirror Philippines’ BPO industry sees slower annual growth of 9% […]

Asean Morning News For September 27

Asean Morning News For September 27

Asean Morning News Compiled by Stella-maris Ewudolu    @stmarisewudolu   ASEAN to push ‘clean’ coal technologies THE 10 member states of the Association of Southeast Asian Nations (ASEAN) are aiming to “enhance the image of coal” by promoting “clean” technologies, representatives of host country Philippines said on Tuesday. — BusinessWorld Online ADB keeps Asia 2017 growth […]

Indonesia Morning News For September 27

Indonesia Morning News For September 27

ADB Maintains Indonesia’s Growth Forecast, Expects Tamer Inflation The Manila-based Asian Development Bank has decided to maintain its forecast for Indonesia’s gross domestic product growth at 5.1 percent this year and 5.3 percent next year on the back of strong fixed investment and net exports, the lender said in an update of its flagship report, […]

Philippines Morning News For September 27

Philippines Morning News For September 27

PH climbs a notch in competitiveness The Philippines climbed one place to rank 56th among 137 countries in the World Economic Forum’s Global Competitiveness Report 2017-2018. — Manilastandard.net Stocks slip as investors continue to cash in on gains The benchmark Philippine Stock Exchange index (PSEi) plunged 74.59 points to settle at 8,170.14 while the broader […]

Asean Morning News For September 26

Asean Morning News For September 26

Asean Morning News Compiled by Stella-maris Ewudolu    @stmarisewudolu   Lazada expands Alibaba’s Taobao marketplace in Southeast Asia Online retailer Lazada Group said it will sell select items from Alibaba Group Holding Ltd’s Taobao marketplace in three more countries in Southeast Asia, expanding the partnership between the two e-commerce firms. — Reuters ASEAN Distributed Denial of […]

Indonesia Morning News For September 26

Indonesia Morning News For September 26

Indonesia Rejects UN Recommendation to Abolish Death Penalty Indonesia on Thursday (21/09) accepted 167 of the 225 recommendations it received from international delegations during the 27th session of the United Nations Universal Periodic Review, or UPR, earlier in May, but crucially rejected the recommendation to abolish the death penalty. — Jakarta Globe Pertamina Disburses $1.547 […]

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