Covid-19 containment measures have been hard on Southeast Asian transport infrastructure and utilities. Many piled on leverage in expectation of strong secular growth. Now, firms are grappling with the double hit of stringent...
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A total of 20 key light rail, tram and monorail projects that will together span over 500 km and cover more than 340 stops/stations are planned to be developed in six Southeast Asian countries.
Read MoreMalaysia’s Hong Leong Bank (HLB) was honoured with the Excellence in Leadership in Asia 2020 award at the prestigious Euromoney Awards for Excellence 2020 for its response to the Covid-19 pandemic.
Read MoreGlobe Telecom won the Mobile Data Service Provider of the Year (Philippines) and the Telecom Service Provider of the Year (Philippines) awards at the prestigious Frost & Sullivan Best Practices Awards.
Read MoreUEM Edgenta Berhad won three gold awards at the Malaysia Productivity Corporation Mini Convention on Team Excellence 2020.
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Petronas Penapisan Sendirian Berhad won the Malaysia Technology Excellence Award 2020 presented virtually by Singapore Business Review for the Analytics – Oil and Gas category.
Read MoreThe Ayala Corporation was recognised for its Covid-19 initiatives with five awards at the recently concluded International Business Awards 2020.
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Canadia Bank was named the Best Retail Bank in Cambodia at the Asian Banker International Excellence in Retail Financial Services Awards 2020 held virtually from Singapore.
Read MoreVietnam’s biggest telecom companies, the Viettel Group and Vietnam Post and Telecommunications Group were honoured with multiple awards at the IT World Awards 2020.
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vCargo Cloud, a leading e-trade and logistics e-trade and logistics cloud solution provider, won the award for Trade Technology at the Singapore Business Review National Business Awards held on August 24, 2020.
Read MoreAffin Bank Berhad won the Insurance Product Innovation of the Year (Malaysia) and Start-Up Banking Initiative of the Year awards at the Asian Banking and Finance (ABF) Retail Banking Awards 2020.
Read MoreShell Companies in the Philippines (SCiP) – Shell Philippines Exploration B.V. and Pilipinas Shell Petroleum Corporation, received seven awards at the Asia-Pacific Stevie Awards 2020.
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Flow of FDI to ASEAN by economic sector
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Ernesto Alberto has been named as president of Philippines-based telecommunications provider Dito CME Holdings Corporation.
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Telekom Malaysia Berhad (TM) has announced the appointment of Imri Mokhtar as its new managing director (MD) and group CEO, effective August 1, 2020.
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Ong King How has been recently designated as director of Axiata Group Berhad. He had been earlier appointed as an alternate director to Tengku Dato Sri Azmil Zahruddin Bin Raja Abdul Aziz in November 2019.
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The board of Vietnam Airlines has named Dinh Van Tuan as the new CEO for its subsidiary, Pacific Airlines, formerly Jetstar Pacific.
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The Malaysian Aviation Commission (Mavcom) has appointed Raja bin Azmi Raja Nazuddin as its chief operating officer (COO), effective September 15, 2020.
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AIIB-approved infrastructure projects in Southeast Asia
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To meet the needs of its increasing urban population, Southeast Asia has planned huge capital expenditure on the infrastructure sector.
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