Business News

Business News

News about trade, finance, investment trends and issues.

Forest Fires Cost Indonesia More Than $5billion In Losses This Year

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Indonesia suffered damages and economic loss from this year’s forest fires of at least $5.2 billion, the...
Auto Draft

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Vietnamese auto startup VinFast, part of industrial conglomerate VinGroup of Vietnamese billionaire Pham Nhat Vuong, plans to...
How Softbank Could Have Created Real Economic Value

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Navonil Roy The SoftBank playbook for its Vision Fund has been mainly focused on investments in digital service...
Myanmar’s Textile Industry Gets Boost From Eu Project

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A new phase of the European Union’s SMART Myanmar project, called SMART Textiles & Garments, will bring...
Malaysia’s Real Estate Industry Positive About Lower Threshold For Foreign Buyers

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The real estate industry in Malaysia views positively the government's recent announcement to temporarily reduce the minimum...
Taking A Virtual Tour Around The Vietnam Formula 1 Circuit

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The pit building along the new Hanoi Motor Sport Circuit Preparations are on for the first Formula...
Auto Draft

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The Indonesian government intends to spend no less than $40 billion to extend Jakarta’s metro network by...
Pisa Results Not Flattering For Filipino Students

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The Philippines is ranked the lowest in reading comprehension and second lowest in science and mathematics among...
Thailand Slips In Expat Country Ranking, Vietnam Surges

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In a surprise development, this year’s Expat Insider 2019 report, which ranks the best and worst places...
Vietnam Sees Steady Growth In Foreign Direct Investment

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Foreign direct investments (FDI) in Vietnam inched up by three per cent during the first 11 months of...
Auto Draft

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Despite some reservations about the scale of foreign property investment in Malaysia, much of which is from...
Thai Beer Giant Readies For $3-billion Singapore Ipo

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Thailand’s largest brewery Thai Beverage (ThaiBev), owned by the country’s fourth-richest man, billionaire Charoen Sirivadhanabhakdi, is reportedly preparing to...
Vietnam Closes Up To Singapore In Startup Fundingh

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Vietnamese financial technology startups are quickly catching up to Singapore in attracting Southeast Asian venture capital funding, with Indonesia...
Hyundai To Build First Factory In Southeast Asia

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South Korean car manufacturer Hyundai Motor has signed a preliminary deal to build a new factory in...
Singapore To Turn Waste Into Construction Material

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Singapore has launched a trial of turning municipal solid waste into construction material for footpaths and roads,...
Foodpanda Launches In Laos With 300 Restaurants

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The Singaporean unit of food delivery service Foodpanda is expanding into Laos as its ninth country and...
Airasia Considers Launch In Cambodia, Myanmar And China

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Low-cost carrier AirAsia is planning to expand further in Southeast and East Asia and considers setting up subsidiaries...
Vietnam’s Most Profitable Companies Named

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Hanoi-based business advisory and market research firm Vietnam Report has released its latest Vietnam Profit 500 list,...