Markets

Markets

Markets is a section of Business News on investvine.com
“Mislatel” chosen as third Philippine telecom operator

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A consortium led by Davao-based businessman Dennis Uy in partnership with China Telecom has been declared the country’s third major player, which is expected...
Setback for Suu Kyi in Myanmar by-elections

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Myanmar's ruling party led by the country's de-facto leader Aung San Suu Kyi lost a constituency it previously held to the military-backed opposition party...
Myanmar presents plan to attract over $200 billion in foreign investment

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The Myanmar Investment Commission (MIC) came up with an ambitious business plan that includes a major investment promotion strategy aiming to attract more than...
First Formula 1 race in Hanoi starts with 2020 season

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Vietnam's capital Hanoi will start hosting Formula 1 races by April 2020, the Hanoi People's Committee said on November 1 in a statement. That...
Thailand set to legalise weed for medical use

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Thailand is readying to become the first Asian country to legalise marijuana, albeit just for medical use as the country does not want to...
Leicester owner’s death comes as Thai duty-free monopoly is about to end

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Thailand’s King Power International Group, the country's largest duty-free retailer, may find itself facing a challenge to win the upcoming new auction to operate...
Malaysia auctions off 1MDB-linked superyacht

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Malaysia’s government has launched a one-month auction for luxury yacht Equanimity which has allegedly been bought with money stolen from the multibillion-dollar looting of...
Startups blooming in Cambodia

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Cambodia had seen at least 12 tech startup funding announcements by the second quarter of the year, which was a 140 per cent increase...
US sanctions two Singapore firms for North Korea dealings

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The US Treasury Department said in a statement on October 25 it has put two Singapore companies, commodities trading house Wee Tiong Singapore Pte....
European Union revokes preferential trade status for Cambodia

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The European Union on the 12th annual EU-Association of Southeast Asian Nations Summit that took place in Brussels on October 18-19 temporarily revoked its...
Cambodia strengthens tourism cooperation with Thailand, Vietnam

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Cambodia will further strengthen its tourism sector cooperation with Thailand and Vietnam as the country seeks to attract ten million international tourists in 2025...
EU, Singapore ink free trade and investment pact

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Just shortly after a similar deal with Vietnam was settled, the European Union (EU) and Singapore signed free-trade and investment protection agreements in Brussels...
Philippines signs deal with Israeli oil exploration firm

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Philippine President Rodrigo Duterte on October 18 signed a seven-year oil exploration deal with an Israeli firm in a bid to develop the country’s...
Singapore cracks down on “shoe box”-sized apartments

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Singapore’s Urban Redevelopment Authority (URA) on October 18 announced an upcoming regulatory change for the city state’s property developers, mandating that the average size...
EU-Vietnam trade agreement to eliminate 99% of all tariffs

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The European Commission on October 17 adopted the long-planned trade and investment agreements between the European Union (EU) and Vietnam, paving the way for...
Philippines tourist island Boracay reopens, but beach party times are over

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After a thorough six-month clean-up, the popular holiday island of Boracay in the central Philippines that was once dubbed a "cesspool" is to have...
Alibaba founder to launch e-commerce training center in Indonesia

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Jack Ma, founder and outgoing executive chairman of China's e-commerce giant Alibaba Group, said on October 13 that he plans to open an institute...
Cambodia targets 15 million tourist arrivals by 2030

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Cambodia’s tourism ministry has set a target of 30 million tourist visits annually by 2030, up from the 5.6 million international visits last year. Some...