Business News

Business News

News about trade, finance, investment trends and issues.

46
The Malaysian government will no longer allow property developments and new townships solely aimed at foreign buyers in a bid to reduce “mindless foreign...

133
Vietnam’s national assembly appointed Dang Thi Ngoc Thinh as interim president of the Socialist Republic of Vietnam after the death of President Tran Dai...

194
Filipinos are increasingly forced to tighten their belts in the wake of a continued high inflation rate which reached 6.4 per cent in August...

194
American IT giant Amazon is planning a 14 trillion-rupiah ($945 million) investment in Indonesia, according to The Straits Times, which referred to local news...

185
Thailand’s flag carrier Thai Airways, whose business model is under heavy attack from regional discount carriers, is under pressure from the government as 51-per...

272
Malaysia’s former prime minister Najib Razak pleaded not guilty on September 20 to no less than 21 counts of money laundering and four counts...

224
Former Malaysian prime minister Najib Razak was arrested on September 19 over allegations that $628 million linked to state investment fund 1Malaysia Development Berhad...

225
The turnover of Vietnam’s top 50 IT companies topped $16 billion last year and employment reached roughly 93,000 people, according to the Vietnam Software...

191
Residential property sales in Singapore shrank by 64 per cent in August to the lowest point in six months as government cooling measures took...

455
Myanmar and China signed a memorandum of understanding to set up the China-Myanmar Economic Corridor (CMEC) as part of Beijing’s Belt and Road Initiative,...

237
The Hanoi Department of Transport is considering collecting tolls for private vehicles traveling into the inner-city areas which often face traffic jams. Vu Van...

186
Thailand's military government on September 12 enacted two new laws that set in motion a countdown leading to elections to be held between February...

286
Malaysia’s finance minister Lim Guan Eng said that authorities have reason to believe that up to 70 per cent of the misappropriated money from...

292
Philippine President Rodrigo Duterte, who previously had confessed his inadequacy on economic issues, is seeking help from people more fit in the subject. The...

292
Thailand’s Board of Investment (BOI) has announced new packages and privileges for electric vehicle companies to establish operations in the Eastern Economic Corridor, a...

337
The Malaysian government has finally decided to cancel three China-backed pipeline projects after halting work on them, The Financial Times wrote. The report said...

320
Vietnam has placed orders for Russian weapons and military services worth more than $1 billion, Russia’s state news agency TASS reported, according to Reuters.  “We...

434
Chinese developer Tianjin Union Development Group has unveiled plans for yet another project called “Tourism Vacation Town” in Cambodia that will cost $1.2 billion...