Philippines Morning News For April 27

Philippines Morning News For April 27

Exclusive: Industry builder REAPRA targets to invest $46m in SE Asia this year Active business builder REAPRA Pte Ltd targets to invest up to $46.6 million (S$65 million) more in Southeast Asia this year and plans to become a $2-billion industry builder company in the next 10 years, said founder and CEO Shuhei Morofuji, and […]

Indonesia Morning News For April 27

Indonesia Morning News For April 27

Indosat Eyes Rp 3t From Bond Sale in May to Repay Debt, Expand Network Indosat, Indonesia’s second-largest telecommunications operator, plans to raise Rp 3 trillion ($226 million) from a bond sale next month to repay debt, expand its mobile network and pay frequency spectrum usage fees to the government. — Jakarta Globe Indonesia Aims for […]

Myanmar Morning News For April 27

Myanmar Morning News For April 27

Telecom operator Ooredoo prepares to launch mobile money services in Myanmar Ooredoo, one of the three telecom providers in Myanmar, is gearing up to launch mobile money services in the country. — Deal Street Asia Yangon Power Company Readies Budget for System Improvements The Yangon Electricity Supply Corp (YESC) will spend Ks 17,618.473 million on […]

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 […]

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