Philippines Morning News For April 18

Philippines Morning News For April 18

Remittances hit $2.17B in February Cash sent home by Filipinos overseas through banks stayed at the $2-billion level for the 13th straight month in February even as year-on-year growth slowed on seasonality. — Inquirer.net Manila Water to submit scaled-up proposals in projects in both Myanmar and Indonesia MANILA Water Co., the water concessionaire for the […]

Indonesia Morning News For April 18

Indonesia Morning News For April 18

Go-Jek reportedly raises another round of funding, aims for Southeast Asia expansion Indonesian ride-hailing startup Go-Jek is in talks with investors to raise a US$1 billion-worth of funding, according to a Wall Street Journal report citing anonymous sources familiar with the process. — e27 State Audit Board reports findings of 5,810 cases to President Jokowi […]

Myanmar Morning News For April 18

Myanmar Morning News For April 18

1,200 crimes, 285 dead, 1,073 injured nationwide during Thingyan Festival Despite security efforts, there were still numerous cases of accidents and crimes during the water festival. an increase from last year’s total. — Global New Light Of Myanmar Foreigners not much interested in Myanmar condominium Foreigners have shown little interest in Myanmar’s condominiums on account […]

Philippines Morning News For April 14

Philippines Morning News For April 14

SBS Philippines okays $4m share buyback, $50m debt deal SBS Philippines Corp, a listed chemical traders and distributor firm diversifying into property and investment business, has launched a $4 million (P200 million) buyback programme and approved a $50 million (P2.5 billion) debt agreement with Security Bank Corp. — Deal Street Asia Bohol villagers evacuated anew […]

Indonesia Morning News For April 14

Indonesia Morning News For April 14

World Bank revises Indonesia’s economic growth estimates down to 5.2 percent The World Bank has revised its estimated rate of Indonesian economic growth down to 5.2 percent in its April edition of the East Asia and Pacific Economic Update report, compared to the 5.3 percent set in the January edition of the Indonesia Economic Quarterly. […]

Singapore Morning News For April 14

Singapore Morning News For April 14

Singapore’s property prices to double by 2030: Morgan Stanley The protracted downtrend in Singapore’s property market is poised to end next year, with home prices set to double by 2030, Morgan Stanley said in a Wednesday note. — CNBC Singapore office rents under pressure Office rents in Singapore’s central business district eased 1.2 per cent […]

Philippines Morning News For April 13

Philippines Morning News For April 13

Philippines: Accion, DeepBlue upsize First Circle’s seed fund to $2.5m Global venture capital firms Accion Venture Lab and DeepBlue VC have led an investment round into Philippine-based online lending startup First Circle, bringing the fintech company’s total seed funding to $2.5 million. — Deal Street Asia Philippine’s Duterte retracts vow on Spratlys flag Philippine President […]

Indonesia Morning News For April 13

Indonesia Morning News For April 13

Exclusive: Indonesia’s Muslimarket.com raises Series A from 500 Startups, others Muslimarket.com, one of Indonesia’s upcoming e-commerce Muslim marketplace platform, has closed its series A funding, that values the company at around $10 million. The startup raised the series A funding from seed stage venture capital firm 500 Startups, a local investment firm, and few unnamed […]

Myanmar Morning News For April 13

Myanmar Morning News For April 13

Trade Between Myanmar and Middle East Tops $300m Total trade between Myanmar and Mid­dle Eastern coun­tries reached $332.874 million in the first 10 months of this fiscal year, 2016-2017, official media reported. — Consult-Myanmar 453 from Insein Prison included in pre-Thingyan prisoner release Prior to the Myanmar New Year Thingyan Festival, 1,883 prisoners who have […]

Philippines Morning News For April 12

Philippines Morning News For April 12

World Bank keeps PH growth forecast at 6.9% The World Bank said the Philippine economy will remain a top performer in the East Asia and Pacific region and will likely expand by close to 7 percent in the next two to three years, with infrastructure investment expected to sustain the country’s growth momentum. — The […]

Indonesia Morning News For April 12

Indonesia Morning News For April 12

Indonesia’s 2017 GDP Growth to Reach 5.2 Percent: Finance Minister Indonesia’s economic growth this year will probably exceed the government’s official target and reach 5.2 percent, Finance Minister Sri Mulyani Indrawati said on Tuesday (11/04). — Jakarta Globe Acset pays out Rp 27.3 billion in dividends Publicly listed construction firm PT Acset Indonusa announced on […]

Myanmar Morning News For April 12

Myanmar Morning News For April 12

K500,000 fine for using water pumps without permit Those who use water pumps without permission this Thingyan will be slapped with a K500,000 fine, the Mandalay City Development Committee (MCDC) said. — Myanmar Times Notorious telecoms law “under discussion”, says communications chief Talks are being held over people who have been targeted by the notorious […]

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