The Southeast Asian country was set to introduce new regulations on Friday barring drivers without a PSV licence from plying the streets.
Khazanah says made healthy profit with Malaysian Shoaiba stake sale
Digital payments outstrip credit cards in Asia’s race to go cashless
Actis takes over management rights of two Abraaj funds
HK blockchain firm Diginex aims to list on Nasdaq in Q4 via reverse merger
AB InBev searches for Plan B after Asia IPO flop
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Insignia Ventures Partners eyes $150m second Southeast Asia fund
China’s Huawei plans extensive layoffs at its US operations
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PAG Asia to take over Australian restaurant operator Craveable Brands
Officials from the Monetary Authority of Singapore (MAS) made the request last month to wealth managers, including DBS and a unit of OCBC.
There is a need for strong laws to enable creation of financial products without compromising user trust.
E-commerce is likely to be on the agenda on Friday when a USTR delegation meets Indian trade officials in New Delhi.
Rest of Asia
The three banks include National Australia Bank Ltd., Westpac Banking and ANZ Banking Group Ltd.
To date, only 10 per cent of Grab Malaysia's driver-partners have successfully obtained their PSV licence.
A third of the divestment target will be met by the outright sale of state enterprises, including Air India.
The government seeks to shore up 1.05 trillion rupees ($15.30 billion) through stake sales in the current fiscal year.
Grameenphone is fighting to keep its internet services open as the Bangladesh government uses bandwidth restrictions to pressure it to pay tax penalti
The government will mull relaxing FDI rules in the aviation, media, animation and insurance sectors, and for single-brand retailers.
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