Markets

Markets

Markets is a section of Business News on investvine.com
Thailand’s Stock Exchange Ventures Into Cryptocurrency Trading

594
The Stock Exchange of Thailand (SET) is planning to set up a regulated digital asset exchange in order to capitalise on sustained interest of...
Eu Reinstates Import Duties On Rice From Cambodia And Myanmar

546
The European Commission has reinstated duties on rice from Cambodia and Myanmar for three years after determining that imports were causing economic damage to...
Goldman Sachs Ceo Apologises To Malaysia, Say People Were “defrauded”

626
David Solomon, new CEO of Goldman Sachs Group (pictured), apologised to the Malaysian people for the role that a senior banker at the firm,...
Bangkok Smog To Cause Economic Damage Of Over $200 Million

766
The current severe air pollution crisis in Thailand’s capital Bangkok is expected to cost the country up to 6.6 billion baht ($207.8 million) in...
New Vietnam Stock Exchange Set Up As Umbrella For Hanoi And Hcmc Bourses

489
The Vietnam government has set up a new state-owned stock exchange company, Vietnam Stock Exchange (VSE), which will operate as an umbrella company for...
Laos expects more private investment this year

613
The Communist Lao government expects domestic and foreign private investment to climb to 23,086 billion kip ($2.7 billion) in 2019 from around $2.36 billion...
Bamboo Airways finally takes to the skies

652
Vietnam’s new private airline, Bamboo Airways, will commence commercial flights on January 16 after repeated delays, the company said in a statement to news...
Opium cultivation in Myanmar drops further, UN says

746
The area of opium poppy cultivation in Myanmar dropped for the fourth year in a row to 37,300 hectares in 2018 in the two...
Alibaba launches second data center in Indonesia as demand surges

505
China's e-commerce giant Alibaba Group, through its cloud computing arm Alibaba Cloud, on January 9 launched its second data center in Indonesia to cope...
EU lifts “yellow card” on Thai fishing industry

446
The European Commission on January 8 removed Thailand from the group of "warned countries,” known as “yellow card,” for its action and progress in...
Go-Jek denied entry to the Philippines

556
Indonesia’s Go-Jek suffered a setback to its expansion plans on January 9 after the transport regulator in the Philippines rejected its application to launch...
Laos to get its first smart city

831
The Laos government has plans to set up a smart and eco city in its northwestern Oudomxay province within the province’s Namor district and...
Vietnam tourism arrivals surge 20%, hit new record

678
Vietnam closed 2018 almost spot on its target of tourist arrivals, counting 15,497,791 international visitors which represented an increase of 19.9 per cent over...
PetroVietnam Power Corp readies for multi-billion IPO this month

598
PetroVietnam Power Corporation (PV Power), the country’s second largest power producer, will list on the Ho Chi Minh City stock exchange on January 14...
Viettel has plans to expand to North Korea, Cuba

1501
Viettel Group, Vietnam's largest mobile network operator wholly owned and operated by the Ministry of Defense, has plans to expand to socialist sister countries...
Cambodia becomes gambling heaven, adds 52 new casino licenses in 2018

862
Cambodia granted 52 licenses for new casinos in 2018; pushing the number of gambling facilities up by 53 per cent over the previous year,...
Vietnam ride-hailing service expands to Myanmar

581
Vietnam’s first homegrown ride-hailing service, FastGo, has kicked off operations in Myanmar as part of its Southeast Asia expansion plans. The firm partnered with...
Internet companies hit by Vietnam’s new cybersecurity law

643
A law requiring Internet companies in Vietnam to remove content the country’s authorities deem to be against the state came into effect January 1,...