IMF: Malaysia’s 2017 economic growth seen at 4.5% The International Monetary Fund (IMF) expects Malaysia’s economy to grow 4.5% in 2017 from a year earlier before expanding 4.7% in 2018 on domestic demand growth and […]
Gov’t to continue allowing private sector to import rice under new rules The government will continue allowing the private sector to import rice but the Department of Agriculture has to craft regulations to ensure there […]
Indonesia Wants Global War on Illegal Fishing The Southeast Asian state wants illegal fishing to be declared a transnational crime. — The Diplomat Coal miners owe the Indonesian government hundreds of millions of dollars Activists […]
Southeast Asian e-commerce firm Garena raises US$550m, rebrands as Sea Southeast Asia-focused e-commerce startup Garena Interactive Holding Ltd renamed itself Sea Ltd on Monday (May 8) and said it had raised US$550 million to expand […]
Activists Protest Daw Aung San Suu Kyi’s London ‘Freedom’ Award Activists and refugees demonstrated as State Counselor Daw Aung San Suu Kyi was presented with the Freedom of the City of London award on Monday, […]
BOI OKs P1.34-B power project The Board of Investments (BOI) has approved a P1.34-billion power plant project of Consunji-owned Southwest Luzon Power Generation Corp., noting that this would provide a “crucial backup” to avoid power […]
Indonesia Sues Thailand’s PTT, PTTEP for $2b Over Oil Spill The Indonesian government is suing Thailand’s state-owned PTT and PTT Exploration and Production for around $2 billion for alleged damage to the environment from an […]
Tencent-backed Garena raises $550m in new funding, rebrands as Sea Garena has rebranded as Sea Ltd. after Southeast Asia’s most valuable startup secured $550 million in funds to step up a battle with Chinese e-commerce […]
32 foreign investment proposals under scrutiny The Myanmar Investment Commission (MIC) says it is scrutinising 32 foreign investment proposals worth US$1.5 billion and 20 domestic proposals worth Ks492 billion. — Eleven Five electro-diesel locomotives arrives […]
Philippines is top economic performer in region – Asean research The Philippines is “the top economic performer” in the region and the Duterte administration does not pose political risks that might make the country less […]
Singapore banks seek to simplify online transactions Four banks in Singapore are participating in a pilot that aims to explore ways to simplify online banking transactions with the use of the government’s MyInfo online authentication […]
Ks250 million each donated to two philanthropic foundations Two philanthropic foundations working for orphans, aged people and HIV patients were provided with cash assistance by a donor yesterday. — Global New Light Of Myanmar MFI […]