Samsung to invest $3b in Vietnam phone facility

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Electronics major Samsung plans expand it’s smartphone manufacturing facility in Vietnam by investing $3 billion in a second plant, next to its existing facility in the country’s Thai Nguyen province. Thai Nguyen province has officially granted an investment license to Samsung Electronics Vietnam Thainguyen (SEVT) for building the new mobile phone factory, next to… Read more »

PH set for smartphone explosion in 2015

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Next year, Philippines is expected to witness an explosion of premier smartphone users, says the country-based telecom operator Smart Communications (Smart) The smartphone user penetration, which stands at 15% of the population, is expected to go up to 50% in 2015, the company added, citing a study by On Device Research. Smart has already… Read more »


Coins.ph plans iOS Bitcoin wallet app

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Philippine-based Bitcoin exchange Coins.ph is planning to launch an iOS version of its mobile wallet app, designed specifically for Filipinos. The iOS version (just like the recently launched Android version) will allow users to shop online, and send cash anywhere in the Philippines. Christine Aguilar from the Coins.ph marketing team said… Read more »


MMCP taps ICT Davao for tech biz

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The Malaysian Mobile Content Provider Association (MMCP) has signed a partnership with the ICT Davao Incorporated (IDI), an umbrella organization of information and communication technology groups hosted by Davao City in the Philippines. MMCP president Johary Mustapha led the signing of the memorandum of agreement (MOA) with IDI during the… Read more »


Thailand’s JAS plans internet infra fund

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Jasmine International (JAS), Thai integrated telecommunication service provider, is planning to raise money through an Internet infrastructure fund this year. This fund is expected to fuel the company’s massive investment plans for fiber optic expansion in the year 2015. JAS has already appointed BBL Asset Management (BBLAM) as a financial… Read more »


Global telcos vie for stake in Vietnam’s MobiFone

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Several European and Asian carriers are in the race to pick up a minority strategic stake in Vietnam’s second largest mobile operator MobiFone before its proposed listing in 2015, a banker tracking the development, and declined to be named, said. Norway’s Telenor ASA , which recently began rolling out mobile… Read more »


Globe Telecom offers Google apps for business to SMEs

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Google by-certified telco reseller, Globe Telecom, has launched a full suite of productivity tools from the search engine giant Google, offering it to micro, small and medium-sized enterprises (mSMEs) in Philippines. Dubbed Google Apps for Business, the new service is designed to help people work from anywhere on any device…. Read more »


Last minute hotel booking app launches in Myanmar

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“A couple years back, Myanmar was uncharted territory,” said CEO and CoFounder of the startup company Tomas Laboutka. “Now the country is booming with new hotels opening up constantly. We wanted to make sure we could serve our customers travelling in the region by offering the best rates in the… Read more »


P1 to compete in telco space

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With a strategic partnership to jointly roll out 4G LTE services and products, Packet One Networks Sdn Bhd (P1) stands to become a contender in the Malaysian telecommunications sector soon. Its tripartite partnership with Telekom Malaysia and SK Telecom, through the holding company Green Packet Berhad, will place the broadband… Read more »


Square valued at $6b after raising $150m, led by Singapore Govt

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Mobile payment startup Square has raised $150 million, valuing the company at $6 billion, and the new round of venture financing was led by the Government of Singapore Investment Corporation, according to the New York Times.  The report also that previous investors Goldman Sachs and Rizvi Traverse Management also participated… Read more »