Foreign leaders voicing concern over Malaysia’s political situation, says Foreign Minister

Foreign leaders voicing concern over Malaysia’s political situation

Malaysian Foreign Minister Datuk Seri Hishammuddin Hussein disclosed that numerous foreign leaders are expressing their concern over the political situation in the country, specifically in relation with the suppression of COVID-19. The current political turmoil in Malaysia is reflecting badly on the country’s image to the world, especially while the government is in the works […]

DTI targets to tap Australian market for Philippine BPO industry

DTI targets to tap Australian market for Philippine BPO industry ​

The Department of Trade and Industry (DTI) shared its goal to promote the Philippines’ business process outsourcing (BPO) industry in Australia through a webinar scheduled on 25 September 2020. The webinar will be hosted by the Export Marketing Bureau (DTI-EMB) and the Philippine Trade and Investment Center in Sydney. It will highlight the capabilities of […]

Extra $3.4B in loans available for Taiwan’s SMEs hit by pandemic

Extra $3.4B in loans available for Taiwan’s SMEs hit by pandemic

Taiwan’s Central Bank approved providing additional $3.44 billion in financing for small-medium businesses in the country to aid them in coping with the impact of the pandemic. This brings the total to more than $10 billion. The Central Bank in March made the $6.88 billion financing accessible for banks to offer preferential loans to businesses […]

SEA Gamer Mall says lawyers handling cases of Malaysian executives charged by US DoJ

SEA Gamer Mall says lawyers handling cases of Malaysian executives charged by US DoJ ​

Two SEA Gamer Mall executives were charged by the US Department of Justice (DoJ) for their involvement in a global hacking operation in at least the past six years. The gaming store confirmed its lawyers are currently handling the case and going through the indictment papers issued by the US DoJ. The executives were identified […]

China’s Tencent expands in Southeast Asia amid US, India tensions

China’s Tencent expands in Southeast Asia amid US, India tensions ​

Chinese tech giant Tencent confirmed opening a new Singapore office to be its Southeast Asia hub as it faces issues in the US and India. Tencent announcement said it was “expanding its business presence in Singapore to support our growing business in Southeast Asia and beyond”. The company already has offices in Malaysia, Thailand, and […]

ADB says coronavirus restrictions threaten Asia economic recovery in 2021

ADB says coronavirus restrictions threaten Asia economic recovery in 2021 ​

The Asian Development Bank (ADB) forecast said that economic recovery in the Asia Pacific region will be “swoosh-shaped” in 2021. Furthermore, it warned that additional restrictions to combat the pandemic may hinder the region’s return to growth. Developing Asia is predicted to contract in 2020, the first time in almost 6 decades. The 0.7% decrease […]

President Duterte not likely to issue EO on liberalizing satellite access in the Philippines

President Duterte not likely to issue EO on liberalizing satellite access in the Philippines​

An executive order (EO) on liberalizing satellite access to enhance Internet connectivity in the Philippines is far from possible, because by doing so President Rodrigo Duterte may step on the powers of Congress. Furthermore, Presidential Spokesperson Harry Roque said the proposal of the Philippine Chamber of Commerce and Industry (PCCI) needs to be studied further. […]

System Integration Award 2020: Taiwan’s application of smart system integration in overseas markets

System Integration Award 2020: Taiwan's application of smart system integration in overseas markets ​

Taiwanese tech sector’s efforts continue to create progress in system integration. The country’s manufacturers and developers from various industries have been working together towards a mutual goal of becoming Asia’s ‘Silicon Valley’ and providing support in the development of smart solutions. The System Integration Award 2020 aims to encourage Taiwanese industry players to offer smart […]

Outsourcing in Vietnam: Competitive Factors and Entrepreneurial Challenges

Outsourcing in Vietnam

The outsourcing industry in Vietnam has grown steadily for the past several years which is why outsourcing in Vietnam has become an attractive notion for businesses worldwide. The Vietnamese government has been vigorously promoting its international economic integration since becoming an APEC member in 1998 and WTO member in 2007. Aside from implementation of various […]

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