Business News

Business News

News about trade, finance, investment trends and issues.

Al Rajhi CEO Pic Small

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Saudi Arabia's Al Rajhi Bank is the largest Islamic bank in the world. The group ventured into the international market by setting up its first overseas branches in Malaysia, where it today operates 23 branches.
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As calls for increased foreign and local investment are sounded by the re-emergent nation of Myanmar, more and more major regional players are signaling...
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Singapore's economic growth in the second quarter 2012 has likely slowed down to only 0.3 per cent quarter-to-quarter, according to a poll of 11...
Euro

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Declining asset prices of European firms in the wake of the EU debt crisis are prompting major Asian companies to look at possible acquisition...
Jakarta1

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Indonesia will host the largest ever business forum between ASEAN and Latin American countries on July 9 and 10 in Jakarta, Trade Minister Gita...

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The huge Dawei industrialisation project on Myanmar's south coast has suffered a setback as one of the local key partners, the Max Myanmar conglomerate,...
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Kuwait Investment Authority will snatch a bunch of shares at IHH Healthcare's upcoming IPO in Malaysia and Singapore. Partly owned by Abraaj Capital of...

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The world's second largest car maker, Ford Motor Company, has announced that it will close its assembly plant in Santa Rosa in the Philippines...
Afta Pix

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The common question arising among all ASEAN member countries is how to become well integrated to be able to enjoy benefits from each other and, at the same time, to avoid harming or exploiting local markets.
Philippines Economy

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The Asian Development Bank (ADB) will commit $1.87 billion of loans for infrastructure and public sector projects in the Philippines over the next three...
Felda HQ

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In what was the world's second largest IPO after Facebook went public in May this year, Malaysian oil palm plantation operator Felda Global Ventures...

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Shares jumped throughout Asia on June 29 on the outcome of nightly talks between EU leaders, easing concerns over prolonged instability of the euro...
Vietnam Hats

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Vietnam's economy showed signs of regained strength in the second quarter 2012, according to figures released by the government on June 29. GDP grew  by...
Yangon Myanmar

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Myanmar's president Thein Sein said on a televised speech on June 19 that the country is set for a "second wave of economic reforms",...
Latin America China

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By offering a $10 billion credit line for infrastructure and proposing a key trade forum, China is wooing countries in Latin America and tries...

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Singapore-based  company Eu Yan Sang International Ltd, which specialises in traditional Chinese medicine, is going to tap the halal market in Malaysia and increase...
Don Mueang

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Bangkok's old international airport Don Mueang will be reactivated to serve as a hub for low costs carriers including Thai AirAsia, state operator Airports...
Asia Companies

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Forbes recently came up with a new list: Asia's 200 best companies in 2011 with revenue below $1 billion, which also include Australian  companies....