Business News

Business News

News about trade, finance, investment trends and issues.

Abu Dhbai

National Bank of Abu Dhabi (NBAD), the biggest bank in the United Arab Emirates by assets, is set to officially open its first branch...
Myanmar Market

A German micro finance institution, Sparkassenstiftung für internationale Kooperation (Savings Bank Foundation for International Development, or SBFIC) will commence operations in Myanmar by the...

The 44th ASEAN Economic Ministers meeting that kicked off this Monday in Siem Reap, Cambodia, is focusing on closer cooperation and multilateral funding within...
Ron Kirk

The 44th ASEAN Economic Ministers meeting and related trade and business meetings kick off this Monday, August 27, in Siem Reap, Cambodia's temple town, and...

Indonesia has set itself the target of reaching $41 billion in investment in 2013, the head of the country's Investment Coordinating Board, Chatib Basri,...
Gulf Air

The two wealthy Gulf states of Qatar and Bahrain are intensifying their economic relations to ASEAN states. While Bahrain is marketing itself as a...
Bursa Malaysia

After Felda Holding and IHH Healthcare, Bursa Malaysia expects another billion-dollar listing probably at the beginning of next year. The new listing will be Westports...
Bangkok Street

Investors' applications through the Thai Board of Investment (BoI), the approving body for strategic industry and commercial investments under a tax privileges scheme, will...
High Speed Train

An ambitious but costly high-speed railways system connecting Hanoi and Ho Chi Minh City and other major towns in Vietnam has been modified by...

Singapore's sovereign wealth fund is stepping up its investment in the US, targeting the energy and hospitality sectors. Together with China's government fund China Investment...
Tiger Beer

Heineken and Thai Beverage, both in the run to acquire Singapore's Tiger Beer maker Asia Pacific Breweries (APB), are locked in a bidding brawl,...

Real Estate Investment Trusts (REITs) in the ASEAN region are becoming increasingly interesting for foreign investors who cast an eye on the booming property...
Nec Cable

The new 7,800 kilometer data connection Asia Submarine-Cable Express (ASE) has been opened for Internet traffic on August 11 in an aim to boost...

Myanmar's keenly awaited new investment law might be stricter than expected, after a draft leaked to the media showed that it contains various protective...
498583 Tap Money

The current low-interest environment in ASEAN spurs public and private sector spending in infrastructure, technology and skills and is boosting the capital markets in...
Korea Bank

Asia is moving toward a self-sustaining cycle with on-going trade surpluses, with banks in better financial shape than in the West. Banks in developing countries are looking forward to a decade of profitable growth.
Luxury Brands China

Southeast Asia, China, Japan, South Korea and Taiwan will be the world's richest economies by 2050 and are already home of the largest number...

Cambodia's picturesque temple town of Siem Reap will host the 44th ASEAN Economic Ministers Meeting on August 27, where trade liberalization, economic cooperation and inequality...