Indonesia's Go-Jek is in talks with Philippine authorities to get its ride-hailing service application reconsidered and hopes to be in the market soon, co-founder Kevin Aluwi said on Thursday.
The global economic slowdown is "strongly welcome", Indonesia's investment chief told CNBC, as financial risks had been building up in China and beyond.
As Beijing and Tokyo compete for infrastructure projects in Southeast Asia, experts say Japanese ventures appear to have a better reputation and local impact.
Indonesia's industry minister, Airlangga Hartarto, said companies producing textiles and footwear have looked at moving out of China into his country.
*Philippine demand could underpin Vietnam, Thailand prices. MANILA, Jan 22- Rice traders in the Philippines are set to import about 1.2 million tonnes of the staple food, a state grains agency spokeswoman told Reuters on Tuesday, as the Southeast Asian country lifts a two-decade-old cap on purchases. Bigger rice purchases by the Philippines, already one of the...
"We are already starting to see big orders, big export orders," said Bill Stoops, the chief investment officer at Dragon Capital. "I think this is a harbinger of things to come, as people start to divert business away from China."
A North Korean envoy arrived in Washington on Thursday for expected talks with Secretary of State Mike Pompeo and a possible encounter with President Donald Trump aimed a laying the groundwork for a second U.S.-North Korea summit.
MUMBAI, Jan 16- India's soymeal sales to Iran are set to spike as the oil producer uses the rupees it receives for its crude exports to cover its animal feed demand amid U.S. sanctions that have crimped the country's ability to import necessities. Iran has agreed to sell crude oil to India, the world's third-largest oil consumer, in exchange for rupees after...
Bill Stoops of Dragon Capital says new, big export orders in Vietnam could be a "harbinger" of things to come as business starts to be diverted from China.
The ongoing U.S.-China trade war is weighing on Chinese toy exporters. They cite uncertainty, the impact of tariffs already placed on some electronics and supply chain headaches as negotiators work to forge a deal ahead of a March deadline.
HANOI, Jan 9- Facebook has violated Vietnam's new cybersecurity law by allowing users to post anti-government comments on the platform, state media said on Wednesday, days after the controversial legislation took effect in the communist-ruled country. Despite economic reforms and increasing openness to social change, Vietnam's Communist Party retains...
Maxine Ryan is not your typical blockchain buff, but that hasn't stopped the 26-year-old college dropout from turning the complex technology into a multinational payments business.
Outside of Greater China, Apple has done well in mature and wealthy Asian economies such as Japan, South Korea and Singapore. But in the rest of Southeast Asia and India, where per capita incomes remain relatively low, the going has been tougher.
Cathay Pacific Airways said it would guarantee thousands of first and business-class flights sold at huge discounts after a ticketing error, calling the mistake a surprise special on New Year's Day.
*Factory activity shrinks in Malaysia, Taiwan, South Korea. HONG KONG, Jan 2- Factory activity weakened across Asia in December as the Sino-U.S. trade war and a slowdown in Chinese demand hit production in most economies, strengthening the case for a pause in interest rate hikes in the region in 2019.. China's weakness spilled over to other Asian economies, with...
*Factory activity shrinks in Malaysia, Taiwan, South Korea. HONG KONG, Jan 2- Factory activity weakened across Asia in December as the Sino-U.S. trade war and a slowdown in Chinese demand hit production in most economies, strengthening the case for a pause in interest rate hikes in the region in 2019.. China's weakness spilled over to other Asian economies, with...
The CPTPP agreement will slash tariffs among 11 nations, making the goods of non-members such as the United States less competitive in those markets.
Tough negotiations lie ahead over a new pact between China and Southeast Asian nations aimed at easing tensions in the South China Sea, as Vietnam pushes for provisions likely to prove unpalatable to Beijing, documents suggest.
Singapore finished the year with 13 deals that raised around $500 million — the fourth highest IPO proceeds in Southeast Asia behind Vietnam, Thailand and Indonesia, according to data by consultancy EY.
TOKYO, Dec 26- Sumitomo Mitsui Financial Group wants to acquire Asian commercial banks, utilising some of the up to $12 billion in surplus capital that Japan's third-largest lender expects to build up over the next five years, its chief executive said. "In Asia, we would like to do full banking services including retail business in countries with economic growth...
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