Singapore’s Nasdaq-listed companies in the news for all the wrong reasons NASDAQ-LISTED Singapore companies have been in the news recently for all the wrong reasons. The recent offer made by financial comparison platform MoneyHero for rival MoneySmart came as a surprise to everyone – including MoneySmart. MoneySmart’s founder and chief executive officer Vinod Nair said that the offer was “unsolicited”, and the company followed up with its own press release rejecting it.... https://bit.ly/3AON6Ab #Singapore #Business #Nasdaq #SoutheastAsia Benjamin Cher Via businesstimes.com
Infoblaze Southeast Asia
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Updates
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Vietnam targets developing #GreenSteel products The goals are stated in the draft of the strategy on developing Việt Nam's steel industry until 2030, Việt Nam plans to develop green and energy-saving steel products and increase the market share of domestically produced steel to gradually replace imported products..... https://bit.ly/4ecbzNV #Vietnam #Business #Steel #SoutheastAsia Via vietnamnews.vn
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MPA to Permit Night Movement of Line-Towed Container Barges at #PasirPanjang Terminal The total number of containers handled by the Port of Singapore in the first seven months of 2024 amounted to 23.82 million twenty-foot equivalent units (TEUs), marking a significant 6.1% increase in container volumes over the same period last year. Most container vessels completed their simultaneous cargo handling and bunkering within a day of arrival. The average wait time for container berths at port has been reduced to less than one day in July 2024. These improvements are due to measures undertaken by the Maritime and Port Authority of Singapore and PSA Singapore, such as the commissioning new berths at Tuas Port, reactivating berths and yard spaces at Keppel Terminal, increasing manpower capacity and working with shipping and feeder lines on the scheduling for operations..... https://bit.ly/4cQRH1Z Maritime and Port Authority of Singapore (MPA) #Singapore #Ports #Shipping #SoutheastAsia
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Malaysian Tourists Boost Thailand's Southern Economy Thailand's southern provinces welcomed approximately 20,000 Malaysian tourists during the National Day long weekend, contributing over 100 million baht to the local economy. Most visitors entered through the Bukit Kayu Hitam and Pengkalan Hulu checkpoints, heading to popular destinations such as Sadao and Betong districts. The influx of tourists was noticeable in Songkhla province, where attractions such as Samila Beach, Songkhla Old Town, and the Khlong Hae Floating Market drew large crowds. In Betong, Narathiwat province, nearly 5,000 Malaysian visitors were recorded over the three-day period, with local hotels reporting an occupancy rate of nearly 95%.... https://bit.ly/3MxSlqg #Thailand #Tourism #Malaysia #SoutheastAsia Via Thailand PRD
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Philippines and Vietnam to sign defence agreement The Philippines and Vietnam will sign a defense cooperation agreement on Friday, the office of Philippine President Ferdinand Marcos Jr said, a significant step by two countries that have long opposed China’s actions in the South China Sea. Vietnamese Defense Minister Phan Van Giang was in Manila on Friday to hold talks with his Philippine counterpart, Gilberto Teodoro, and he paid a courtesy call earlier in the day on Marcos..... https://bit.ly/3Mu25lE #Philippines #Vietnam #Defence #SoutheastAsia Via bworldonline.com
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Operators offer lower prices, use nominees Complaints over illegal Chinese bus services Thai bus operators face intense competition from Chinese bus operators using nominees and offering lower prices, while more foreigners are illegally working as van drivers serving tourists, according to the Thai Transportation Operators Association.... https://bit.ly/478Rq9g #Thailand #Business #BusService #China #SoutheastAsia Molpasorn Shoowong Via http://bangkokpost.com
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Long An plans 14 new industrial clusters Long An Province will call for investment and develop 14 new industrial clusters by 2025, its recently announced development plan for industrial clusters for this decade shows. To come up in the districts of Đức Hòa, Cần Đước, Thạnh Hóa, Đức Huệ, Bến Lức, Thủ Thừa, and Tân Trụ, their combined area will be 976ha..... https://bit.ly/4dAZXEt #Vietnam #LongAn #Infrastructure #Business #SoutheastAsia Via vietnamnews.vn
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#GIC acquires another logistics facility in #Japan GIC has bought another logistics facility developed by Japanese real estate developer Daiwa House Industry for an undisclosed amount. The four-floor facility in Yokohama provides access to the Greater Tokyo region. Completed in 2022 and fully occupied, it spans an area of more than 126,000 sq m, making it one of Daiwa House’s largest assets to date.... https://bit.ly/4cNnSzn #SWF_Singapore #Singapore #Business #Logistics #Investment #SoutheastAsia Via straitstimes.com
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PHL should implement E-visa and VAT refund scheme for tourists to become shopping capital in Asia To become a shopping capital in Asia, the Philippines has to implement first the E-visas and the VAT refund scheme for tourists, according to Office of the Special Assistant to the President for Investment and Economic Affairs (OSAPIEA) Secretary Frederick Go. “To become a shopping capital, that means you’re attracting visitors from all over the world to come here and enjoy and shop. So we need the E-visas. We need to make it easier for for travelers to come to the Philippines,” Go told reporters on the sidelines of the National Retailers Conference and Expo (NRCE) on Thursday...... https://bit.ly/3Z48RG0 #Philippines #Business #Shopping #Tourism #SoutheastAsia Andrea E. San Juan Via businessmirror.com.ph
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Thai gaming industry could become a soft power, says senior official Thailand has the potential to become a regional hub for the gaming industry with collaboration from relevant agencies, the top official of the Department of Cultural Promotion said on Friday. The opening ceremony of the “Thailand International Game Showcase 2024” took place at IconSiam shopping complex in Bangkok.... https://bit.ly/3XlXfNt #Thailand #Business #Gaming #SoutheastAsia Jarupong Krisanaraj Via nationthailand.com
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