Singapore Morning News For April 26

Singapore Morning News For April 26

NUS embarks on programme to promote fintech and blockchain training in Singapore The National University of Singapore (NUS) School of Computing and the IBM Center for Blockchain Innovation (ICBI), a part of IBM Research, are collaborating to jointly develop a module on financial technology, to better equip students with essential knowledge and skill sets in […]

Philippines Morning News For April 26

Philippines Morning News For April 26

Duterte’s China honeymoon comes to a close Ten months into Philippine leader Rodrigo Duterte’s tenure, his strategic honeymoon with China has devolved into rocky relations. — Asia Times Death penalty bill already ‘dead’ in Senate – Drilon The death penalty bill is already “dead” in the Senate. — Rappler Investment pledges rise 31% led by […]

Indonesia Morning News For April 26

Indonesia Morning News For April 26

Papua government plans to spend up to $37.6 million to build world’s tallest Jesus statue According to 2016 data from the Indonesian Statistics Agency (BPS), Papua is the region of Indonesia with the highest rate of poverty, with 28.5% of the population living below the poverty line. Nonetheless, the provincial government of Papua has decided […]

Myanmar Morning News For April 26

Myanmar Morning News For April 26

Restaurant owners fined for failure to affix tax stamps The Department of Internal Revenue in Yangon took action against 520 restaurant owners who failed to use tax stamps issued by the government and fined Ks133 million during the 2016-2017 fiscal year, according to U Myint Thaung, Yangon Region Cabinet’s Minister for Planning and Finance. — […]

Singapore Morning News For April 25

Singapore Morning News For April 25

Singapore: SeedPlus reaches final close of first fund at $17.9m Singapore-based SeedPlus Fund I has reached its final close – surpassing the targeted S$25 million ($17.9 million) – with backing from Cisco Investments, the investment arm of Cisco Systems Inc., and Eight Roads Ventures, the proprietary investment arm of Fidelity International Limited. — Deal Street […]

Philippines Morning News For April 25

Philippines Morning News For April 25

Duterte sued at ICC for alleged involvement in mass killings A criminal case has been filed against President Rodrigo Duterte before the International Criminal Court at The Hague, Netherlands, for his alleged involvement in extra-judicial killings when he was mayor of Davao City and, now, as the president of the Philippines, The Manila Times Online […]

Indonesia Morning News For April 25

Indonesia Morning News For April 25

Chevron to Sell Assets of $10 billion Incl Geothermal Project in Indonesia Chevron Corp is selling its three Bangladesh gas fields, worth an estimated $2 billion, to a Chinese consortium as the U.S. oil and gas group looks to shed non-core assets this year. — Netral English PLN to go nuclear if renewable energy goal […]

Myanmar Morning News For April 25

Myanmar Morning News For April 25

National Bank of Canada acquires 22% in Myanmar payments outfit ONGO In a strategic investment, National Bank of Canada has acquired a 22 per cent stake in Myanmar’s mobile payments provider ONGO. The payments provider is backed by Ronoc Asia, a subsidiary of the Ronoc, an investment firm focusing on emerging markets. — Deal Street […]

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 […]