Business News

Business News

News about trade, finance, investment trends and issues.

Brunei Drives Professional Gaming Sports

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The Esports Association of Brunei has been launched by a group of ten of the leading gaming...
Space-starved Singapore Is Going Subterranean

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Instead of building more high-rises and reclaiming land from the sea, the Singapore government in its quest...
Google To Move Smartphone Production From China To Vietnam

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Google is planning to move the production of its Pixel smartphones from China to Vietnam as the company...
Thai Firm To Build Smart City At The Outskirts Of Yangon

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Myanmar’s commercial hub of Yangon will be expanded by a newly constructed smart city in a northeastern...
Jakarta To Get $40-billion Infrastructure Overhaul

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Despite its plan to move Indonesia’s capital to to East Kalimantan province on Borneo, the country’s government...
Vietnam, Laos, Cambodia Join Forces To Develop Tourism

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Tourism officials from Cambodia, Laos and Vietnam are discussing a draft plan on tourism development in the...
Grab Eyes Substantial Investment In Vietnam

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Singapore-based ride-hailing service provider Grab is set to invest “several hundred million dollars” in Vietnam, where the...
Indonesia Announces Location Of New Capital

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Indonesia's new capital will be located in the geographical center of the archipelago The Indonesian government has chosen...
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Despite strong economic headwinds and the US-China trade tensions, Singapore has managed to attract an unexpectedly large amount...
Thailand Is World’s Largest Durian Exporter

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Thailand was the world’s largest durian exporter in the first half of this year thanks to free trade...
Malaysia’s Karex Adds More Spice To Its Condom Portfolio

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Port Klang, Malaysia-based Karex Bhd., the world’s largest condom maker, is living up to its reputation of...
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...