Market Watch - Malaysia

“Honda Malaysia opens its 12th dealership in Johor”

“Honda Malaysia today launched its 97th (and latest) 3S centre in Pasir Gudang, Johor, which is operated by Yong Ming Motor. The four-storey facility is the twelfth in the state, and was built with an investment of RM18.5 million.” - Paul Tan’s Automotive News  

Market Watch - Malaysia

“Rules for cryptocurrency exchanges, ICO in force by Q1 of 2019, says Guan Eng”

“Both Bank Negara and the SC, in terms of formulating this framework will be under the auspices of the Finance Ministry. The Finance Ministry will lead the committee comprising of Bank Negara, the SC, and the MOF itself,” it said.” – from The Star Online  

Market Watch - Japan

“Think tank says 2025 Osaka Expo will draw 3 million visitors from abroad”

“Given the sharp increase in the number of visitors to Japan in recent years, the percentage of foreign visitors to the Osaka Expo is projected to rise to around 10 percent from the roughly 5 percent who attended the 2005 Expo in Aichi Prefecture. The Osaka Expo will bring positive economic effects totaling ¥1.3 trillion… Continue reading “Think tank says 2025 Osaka Expo will draw 3 million visitors from abroad”

Market Watch - Malaysia

“Is Airbnb impacting the hotel industry?”

“As cities around the world put up regulations or tighten operating rules for Airbnb and similar platforms – Kota Kinabalu deems them illegal – Airbnb announced a 99% year-on-year growth in guest arrivals in Malaysia, in a recent statement.” - The Star Online (Business)  

Market Watch - Singapore

Union Bancaire PB obtains wholesale bank license in Singapore

The new license will allow UBP Singapore to offer Singapore dollar services, including deposits and loans, within the prescribed regulatory guidelines for wholesale banks, and provide a wider set of investment solutions to domestic clients in Singapore. Guy de Picciotto, CEO of UBP, said, "We welcome the approval from the MAS for the upgrade of… Continue reading Union Bancaire PB obtains wholesale bank license in Singapore