Arno Maierbrugger
Business journalist
Russia’s Putin offers investment in new Indonesian capital
Russian President Vladimir Putin offered his Indonesian counterpart Joko Widodo investment in the country’s planned new capital, Bloomberg News cited a statement by the...
Thailand’s tourism unlikely to recover until after 2024
Thailand is fully reopening the country on July 1, dropping all Covid-19 entry regulations which have been imposed for many months and were perceived...
Laos to boost online gambling industry
Laos has plans to issue regulations for offshore online gambling businesses with the aim to attract operators targeting markets elsewhere in Southeast Asia, particularly...
Garuda halves debt, believes profitability in sight
Indonesia’s national carrier Garuda Indonesia has halved its debt and achieved comparable cuts to aircraft leasing costs in negotiations with creditors, according to a...
Singapore biotech startup considers stock listing to raise $300 million
Singapore-based biotechnology startup Mirxes, which focuses on preventive healthcare solutions for cancer and infectious diseases, is weighing an initial public offering (IPO) in the...
ING next foreign bank to exit retail banking in the Philippines
Dutch financial services group ING Bank is exiting the retail banking market in the Philippines, just shortly after US banking giant Citi did the...
Indonesia to start construction of new capital in August
Indonesia’s government will start construction of the first government buildings at its new capital Nusantara in August, the country’s minister of public works and...
Vietnam to develop 41 smart cities
Vietnam’s economic planners have presented ideas to create smart cities in 41 out of the 63 provinces and cities in the country in order...
Philippine new tax chief determined to collect $3.7 billion in outstanding tax from Marcos family
The Philippines’ incoming tax agency chief Lilia Guillermo said she intends to collect the long-due estate tax from the family of President-elect Ferdinand Marcos...
Carsome to delay its US-Singapore dual listing amid valuation concerns
Malaysian online car sales platform Carsome, which operates a used-car online marketplace across Southeast Asia, said it is delaying its planned dual listing in...
Malaysia’s ex-premier Mahathir suggests that Singapore should be ‘returned’ to Malaysia
Former Malaysian prime minister Mahathir Mohammad in what can be interpreted as a nationalistic outburst said that Malaysia should claim that Singapore gets “returned”...
Vietnam’s first metro line starts running at a loss
Vietnam’s first-ever finished metro line, the Hanoi Metro Line 2A, also known as Cat Linh-Ha Dong metro line, has been off to a soft...
Thailand’s tourism industry slowly gets into gear
With the easing of almost all restrictions to enter and enjoy a stay in Thailand, the country’s battered tourism industry is starting to recover,...
Laos bans residents from holding foreign currency
The central bank of Laos has plans to ban the country’s residents from holding foreign currencies amid spiraling inflation and the rapid depreciation of...
Thailand revamps marijuana rules just days after decriminalisation
The Thai government has hastily issued new rules to limit access to marijuana and hemp after the decriminalisation since June 9 sparked many complaints...
Vietnam’s aviation sector recovers fastest in the world
The domestic aviation market in Vietnam has been recovering at the fastest pace in the world so far this year with a growth of...
Laos tumbles towards sovereign debt default
Facing a toxic combination of high external debt, dwindling cash reserves, surging inflation and a nosediving currency, the small Southeast Asian nation of Laos...
Shopee cuts workforce across Southeast Asia
Online shopping portal Shopee, the e-commerce division of Singapore based Sea Ltd., has announced major job cuts across its Southeast Asian operations and also...
Latest
Russia’s Putin offers investment in new Indonesian capital
Russian President Vladimir Putin offered his Indonesian counterpart Joko Widodo investment in the country’s planned new capital, Bloomberg News cited a statement by the...
Stories of the week
Thailand’s tourism unlikely to recover until after 2024
Thailand is fully reopening the country on July 1, dropping all Covid-19 entry regulations which have been imposed for many months and were perceived...