Axiata to buy Saudi Telecom’s Indonesia unit
September 27, 2013
Malaysia’s telecom giant Axiata Group Bhd will buy Saudi Telecom’s Indonesian unit in a bid to boost its presence in Southeast Asia’s largest economy. The sale of a majority stake…
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Vietnam’s population hits 90 million
With almost 90 million people, Vietnam has become the 13th most populous country in the world and 3rd most populous in Southeast Asia, officials in Hanoi said on September 24….
Thailand set to emerge from recession
As export figures increase in Thailand, the country looks more likely to emerge from recession in the third quarter of 2013, but analysts warned of risks from still-fragile global demand….
World Bank lends Myanmar $140m for power plant
The World Bank said on September 24 that it will extend a $140 million interest-free loan to Myanmar to refurbish a power station in the southern part of the country….
Asia’s Mixed Martial Arts organisation teams up with Yahoo
ONE Fighting Championship, ONE FC, announced on September 24 that it has teamed up with Yahoo as its official digital partner to bring in exclusive and behind-the-scenes content surrounding ONE…
Thailand, Malaysia enter closer trade cooperation
Thailand and Malaysia have agreed to foster cooperation on trade and investment in six sectors, which are oil and gas, energy, rubber, automobiles, sugar and rice and tourism. Thailand’s Commerce…
Alstom looks into power projects in Myanmar
French conglomerate Alstom is eyeing to take advantage of opportunities in the Myanmar’s hydropower sectors, the company’s chairman and CEO Patrick Kron said. The firm – which was the main…
Apple’s first authorised store opens in Myanmar
Apple’s first authorised reseller in Myanmar, ‘mDrive’, will open an Apple store in a shopping center in Yangon, local media reported Until now, Apple products have entered the country through…
Malaysia’s Westports kicks off $630m IPO
Malaysian port operator Westports Holdings Bhd started taking orders on September 19 for a $630 million initial public offering (IPO) scheduled for October 18. The IPO is expected to be…
Thailand likely to surpass Malaysia in tourism ranking
Thailand recorded a record growth of visitors in 2013 so far and is likely to surpass its rival Malaysia be the end of the year in tourism numbers, observers say….
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