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Insights
16-May-19 The Bangko Sentral ng Pilipinas reported a 6.6% increase in remittances sent by overseas Filipino workers in March 2019 over 2018. The growth pushed actual dollar inflow to the country to USD2.5 bn during that month alone. [image: Business Mirror]
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13-May-19 Lazada has extended its edge as the most popular e-commerce platform in Southeast Asia despite a decline in visits in the first quarter of 2019. The Alibaba-backed company scored the highest monthly users in Malaysia, Philippines, Thailand and Singapore. [image: SCMP]
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03-May-19 PerkinElmer, an American medtech company, has opened its newest life science lab instruments and diagnostics manufacturing facility at the JTC MedTech Hub in Singapore. The facility is the company's largest instrument manufacturing facility globally. [image: Perkinelmer / The Straits Times]
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30-Apr-19 Cambodia has announced it will begin to extract oil, representing a potential rich new source of energy and revenue. Extraction is expected to begin by the end of 2019 from the "Apsara" oil field in the Gulf of Thailand. [image: KrisEnergy / Facebook]
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26-Apr-19 Singapore’s largest ride-hailing company, Grab has invested in last-mile delivery firm Ninja Van, which will see Grab’s current logistics service, GrabExpress, expand its offerings to include scheduled deliveries on top of on-demand deliveries. [image: Bloomberg / South China Morning Post]
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