Wave of violence threatens Malaysia’s image

road block

In mid-June when a netizen-hyped list named Kuala Lumpur as one of the most dangerous cities in the world, a local media quickly came forward with an article, quoting cops that dutifully debunked the article as apocryphal. It now appears that they may have spoken too soon. The post on 10awesome.com titled ‘10 Dangerous Cities … Continue Reading »

New road to riches for Vietnam exports

Vietnam highway

A second arterial highway linking Vietnam’s commercial capital Ho Chi Minh City with the Mekong Delta and southern coastal regions will be built with funds lent by the Asian Development Bank (ADB), South Korea and Australia. The project is expected to cost $860 million and will clear a new avenue for logistics in Vietnam, where … Continue Reading »

Sun rises on Japan’s TPP entrance

abe_5

The US appears to have galvanised political will in one of the most crucial allies behind the 12-nation Trans-Pacific Partnership, a free trade agreement that incorporates nations in the Far East and Latin America, with the notable exclusion of China. The government of Japan sent out a briefing to 194 business, agriculture and lobby groups … Continue Reading »

Hong Kong flight attendants learn how to kick butt

HK3

Don’t dare aggravate a flight attendant on Hong Kong Airlines. Parented by Mainland China-based Hainan Airlines, the carrier has followed through with an earlier 2011 decision to train their staff in the martial art of Wing Chun to cultivate a “strong mind and improve their body quality,” according to the company’s microblog. Far from being … Continue Reading »

Philippine consumer spending primed for growth

saizen fashion

Philippine households have among the lowest debt in Asia, solidifying a “long runway” for continued economic growth in the outperforming ASEAN nation, a study by UK-based bank Standard Chartered shows. As per figures collected in September 2012, the Philippines has among the most room for more leverage in Asian economies at a debt/GDP ratio of … Continue Reading »

No Al-Qaeda threat in Philippines, say officials

Abu Sayyaf

In the wake of a move by Washington D.C. to shut down embassies across the Middle East and North Africa due to a terrorist alert, the Armed Forces of the Philippines has stated that they have not monitored any Al-Qaeda in the country. In a statement made on August 4, a top official of the … Continue Reading »

Indonesians most bullish investors in Asia

Indo stock exchange_ front

A recent index by Manulife Financial has revealed that Indonesians are the most bullish in Asia. The high optimism in ASEAN’s largest economy comes from perceived positivity in real estate and stock investments, Manulife said. Manulife, a global fund manager, ranks Malaysia closely after Indonesia, with Hong Kong investor sentiment forced into the negative zone, … Continue Reading »

What Malaysian negotiators don’t want you to know about the TPP

TPP protest1

The sheer magnitude of the US-led Trans-Pacific Partnership (TPP) has not been lost on Putrajaya. The ambitious free trade agreement (FTA) involving 12 nations in Asia and along the Pacific Rim would encompass 800 million people worth trillions of US dollars in trade if the eight negotiating countries sign into the pact, standing at a … Continue Reading »

Philippines: Calling on a $25b BPO industry

BPO1

In Metro Manila’s Eastwood City, a pair of statues fitted with headsets pays homage to call center agents, the lifeblood of the Philippines’ BPO industry, while a buzzing circle of restaurants and bars set below such global names as Accenture entertain their growing ranks. Eastwood is just one of several core nodes in a growing … Continue Reading »

Malaysia’s top car company enters Myanmar

Myanmar-Imported-Cars

Tan Chong Motors Holdings Bhd’s (TCMH), Malaysia’s biggest car distributor, has won the exclusive rights to sell Nissan’s completely built-up (CBU) vehicles in Myanmar, Bernama has reported. Under the agreement, TCMH’s wholly owned subsidiary ETCM (MM) Pte Ltd will also have the rights to appoint any party as its dealers for sales and after-sales services. … Continue Reading »