Philippines’ gambling industry poised for growth, eyes expansion beyond Macau and Singapore
Alejandro Tengco, Chairman and Chief Executive Officer of Philippine Amusement and Gaming Corp. (Pagcor), foresees the Philippines surpassing Singapore as Asia’s second-largest gambling destination after [more…]
Singtel quashes Optus sale rumors, affirms long-term commitment to Australia
Singtel, the Singaporean telecommunications giant, has firmly dismissed recent reports suggesting a potential sale of part of its Australian arm, Optus, to Brookfield for a [more…]
Hong Kong explores future of money with central bank digital currency
In a bid to revolutionize the way people use money, the Hong Kong Monetary Authority (HKMA) has launched the second phase of a pilot programme [more…]
Denmark’s new military service
In a move to bolster its defense forces, Denmark is set to expand its military conscription program to include women and extend the service duration [more…]
Raiffeisen Bank faces U.S. pressure over Russian ties
In the murky world of international finance, the stakes are high, and the rules are ever-changing. Raiffeisen Bank International, one of the last European banks [more…]
Indonesia cracks down on unregistered online travel giants
In a bid to regulate the digital landscape, Indonesia has enacted a regulation requiring digital platforms to obtain licenses to operate in the country. This [more…]
South Korean stocks surge as currency falters
In a curious turn of events, South Korean stocks soared to a 22-month high on Wednesday, echoing Wall Street’s overnight rally fueled by tech giants, [more…]
The saga of Cambodia’s canal project
From his humble abode on the banks of the Mekong River, Mao Sarin has been witness to the ebb and flow of life along the [more…]
Nidec, KPS Capital Partners compete for Siemens AG’s Innomotics business
Two heavyweights, Japan’s Nidec and New York-based KPS Capital Partners, are locked in a high-stakes competition to acquire Siemens AG’s Innomotics large motors business. The [more…]
Taipei Dome’s future in limbo as NT$60 billion bid by Asian business tycoons surfaces
The Taipei Dome, a symbol of both architectural prowess and a long-standing saga of bureaucratic entanglements, finds itself once again at the center of attention. [more…]