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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]