Business News

Business News

News about trade, finance, investment trends and issues.

Thailand Revises Tourism Arrival Forecast Downwards

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Thailand’s tourism and sports ministry has cut its foreign arrivals forecast to 39-39.8 million this year, down from...
Vietnam Among Top Ten Fastest-growing Tourism Destinations

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Nha Trang beach, one of Vietnam's tourism highlights © Arno Maierbrugger Vietnam has been ranked as one of...
Singapore, Bangkok Among Top-50 Most Surveilled Cities In The World

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Singapore and Bangkok are Southeast Asia’s contribution to the world’s top-50 most surveilled cities in terms of...
Singapore Budget Hotel Startup Gets $70 Million In Fresh Funding

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Singapore-based hotel startup RedDoorz, which provides affordable lodging in Southeast Asia, has raised $70 million from investors it intends...
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Cambodia will no longer issue licenses to online gambling businesses, and all existing licenses will not be...
Thailand Seeks To Boost Weakening Economy With $10.2-billion Stimulus Package

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Thailand is planning a stimulus package worth 316 billion baht ($10.2 billion) to support farmers, lower-income earners, tourism...
Singapore Launches E-arrival Card For Foreign Visitors

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Foreign visitors traveling to Singapore using selected transport services can now submit electronic arrival cards up to 14...
Hong Kong Protests Hit Tourism In Southeast Asia

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Tourism officials in Southeast Asia have warned about disruptive effects on tourism caused by the Hong Kong...
Gloomy Outlook For Singapore’s Economy As Trade War Bites

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Singapore’s government cut its forecast for economic growth this 2019 to almost zero as the escalating US-China...
Tourism Arrivals In Philippines, Cambodia Jump

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Tourism arrivals have been significantly rising in both the Philippines and Cambodia in the first half of...
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Indonesia’s President Joko Widodo confirmed that the country's capital will be moved from Jakarta to Borneo, whereby...
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The national oil companies of Malaysia and Indonesia could enter a close cooperation or even merge to...
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Malaysia launched a project on August 9 for a new mass market car to be produced locally...
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A new batch of communication satellites used by Myanmar were successfully launched into orbit on August 6...
Micro Loans Put Cambodia On Brink Of Debt Crisis

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The rapid rise of micro loans aimed at helping poor Cambodians to establish their own businesses has led...
Mandalay Set To Become Myanmar’s First Smart City

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Sunset over Mandalay, Myanmar's future "smart city" © Arno Maierbrugger Mandalay is about to become Myanmar’s first...
Un Urges Foreign Firms To Sever Ties With Myanmar’s Army-linked Businesses

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United Nations investigators urged foreign companies to cut ties with Myanmar businesses affiliated with the country's military,...
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The Philippine government approved a plan to build a new $14.5-billion international airport for Metro Manila that...