Prudential Myanmar Life Insurance and Yoma Bank announced an exclusive partnership for Bancassurance services on January 27 after receiving regulatory approval from the Myanmar government. ( read original story ...)
Thai megabanks post lowest net profit in 10 years due to pandemic
Thailand's megabanks reported less profits and more nonperforming loans in 2020, as the pandemic slowed Southeast Asia's second-largest economy and pushed domestic businesses into a corner. By ... ( read original story ...)
Vietnam well-placed to snap up laptop supply chain shifts
As global laptop manufacturers are shifting production out of China, Southeast Asian countries like Vietnam are repositioning to benefit, although some hurdles will have to be addressed for Vietnam to ... ( read original story ...)
Techcombank delivers strong 2020 financial results
Techcombank ended 2020 with rosy performance across the board, with pre-tax profit jumping 21.5 per cent against the full-year target and total operating income soaring 28.4 per cent despite the ... ( read original story ...)
Philippines Approves AstraZeneca Vaccine for Emergency Use
The Philippines has cleared AstraZeneca Plc’s coronavirus shots for emergency use, paving the way for the expected rollout of these vaccines next quarter. ( read original story ...)
Japan’s Showa Denko to sell aluminium business to Apollo
Japan's Showa Denko KK 4004.T said on Thursday it would sell its aluminium business to U.S. investment fund Apollo Global Management APO.Nas the materials maker steps up efforts to divest assets. ( read original story ...)
Intel channels additional $475 million into Vietnam
Intel had poured an additional 475 million USD into Intel Products Vietnam (IPV), its single-largest assembly and test plant within the Intel Assembly and Test (ATM) network, IPV Director of Finance ... ( read original story ...)
Vietnam cuts corporate income tax for science, tech firms
A man tries virtual reality technology at a tech expo in HCMC. Vietnam will cut corporate income tax for science and technology companies from March 1 to boost the development of science and technolog ... ( read original story ...)
Party Congress to greatly influence Vietnam’s development: Moroccan Ambassador
Moroccan Ambassador to Vietnam Jamale Chouaibi has highlighted the importance of the 13th National Party Congress, saying that results of the event will have great influence on Vietnam’s ... ( read original story ...)
Can Joe Biden solve the Pakistan puzzle?
Rather than blacklisting Pakistan, the FATF has repeatedly kept Pakistan on its "Grey List" offering it just a little more time in the hope that Pakistani officials might both show they take ... ( read original story ...)