21 contenders for SG’s five digital banking licenses

Singapore’s Monetary Authority of Singapore (MAS) has confirmed a total of 21 applications for its digital banking licenses. Seven bids came through for the digital...

Vietnam’s GDP growth forecast robust for 2020

Vietnam could expect a GDP growth rate of 6.76 percent this year, according to the National Center for Socio-Economic Information and Forecast (NCIF) under...

Moody’s assigns first-time issuer rating of B3 to Laos

American credit rating agency Moody’s has given a B3 rating with a positive outlook to the Government of Laos, citing the country’s high economic...

China’s Xi Jinping to discuss Myanmar mega projects  

Chinese President Xi Jinping is due to visit Myanmar next week to boost ties and investment projects as the countries mark 70 years of...

Indonesia to curb coal output to protect price

Indonesia has ordered coal mines to cut their output not out of environmental concern but because record exports last year reduced prices. The authorities in...

Cautious optimism for SEA startups

For the past 10 years, ASEAN tech funding across all stages has been nothing short of phenomenal. Starting with US$0.1 billion in 2010 and ballooning...

Thailand’s cannabis clinic offers bright future 

Thailand is making rapid progress with its policy of legalising the medical use of cannabis with a pilot project in Bangkok seeing thousands of...

Singapore’s economy limps into 2020

Singapore's economy grew by just 0.7 per cent during 2019 as the US-China trade war disrupted the financial hub along with a cyclical global...

U Mobile and StarHub to conduct world’s first 5G SA roaming trials

Malaysia’s U Mobile and Singapore’s StarHub have announced on Monday (Dec 30) that they will be conducting one of the world’s first 5G standalone...

KL and Singapore ranked among world’s most hardworking cities

Two of the top five hardest working cities in the world are in Southeast Asia, according to a report published in August this year. US-based...

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ASEAN-5 growth forecast trimmed as exports slow

The International Monetary Fund (IMF) trimmed its growth forecast for five members of the Association of Southeast Asian Nations (ASEAN) members amid their continued...

Motorcycle taxis banned in the Philippines

Motorcycles that are being used for public transportation in the Philippines will be deemed illegal beginning next week amid the looming end of a...

Facebook sorry for Myanmar translation blunder 

Facebook has apologised after translating Chinese President Xi Jinping's name as “Mr Shithole” during the high-profile visit to Myanmar by the all-powerful leader of...