Business News

Business News

News about trade, finance, investment trends and issues.

Vientiane1

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Laos is nearing the approval of its membership in the World Trade Organisation (WTO). The accession negotiations are in the final stages, the country's...
Merlion Singapore1

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With weaker growth in China, the US economy stagnating and the euro crisis unresolved, growth in Singapore could fall below 1 per cent this...
Hospital

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Stocks of IHH Healthcare, one of Asia's largest hospital operators, gained 10 per cent in its debut on July 25 on the Bursa Malaysia...
Rice

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Thailand's 30-year reign as the world's top rice exporter could come to an end very soon as Vietnam and India threathen the Kingdom in...
Myanmar4

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Myanmar aims to overtake both Laos and Cambodia in average income per capita by 2014 or 2015, Radio Free Asia's news service reported on...
Yangonpict1

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The tourism industry in Myanmar has been identified as a highly appealing sector for investment for Thai businesses. Experts say that the best growth prospects...
Shwedagon Myanmar

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Now that the once-isolated Southeast Asian nation has officially become approachable by US investment, foreign businessmen plying name cards across Yangon and Naypyidaw bodes well for the success of reforms.
Etihad

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Abu Dhabi-based Etihad Airways will launch daily flights to Ho Chi Minh City, Vietnam’s commercial capital and most populous city, in October 2013, UAE...

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Seventy per cent of Muslim shoppers in Peninsular Malaysia stockpile non-perishable household and food goods for the holy month of Ramadan, a recent survey...
Indonesia

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Indonesia has set its growth forecast for the third quarter 2012 at 6.3 per cent, according to the latest economic development report by the...
Manila

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The Philippine government said it is aiming to boost foreign direct investment to $10 billion annually, with a focus on the Business Process Outsourcing...
Cove Energy

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Oil Major PTT is ready to take over Cove Energy's Africa operations for $1.9 billion, and brewer Thai Beverage is up to tap the...
Lagarde

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The International Monetary Fund has kept its 2012 growth forecast for the ASEAN-5 countries Indonesia, Malaysia, the Philippines, Vietnam and Thailand. The IMF said in...
PSEtraders

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Global traders are finding cozy refuge in the Philippine stock market, which has continued to hit record highs in the first half of this...
General Electric

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Industry giant General Electric has become the first US firm to seal a deal with Myanmar after sanctions were lifted by US President Barack...

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Hon Hai Group, the Taiwan-based owner of Foxconn, the world’s largest contract electronics manufacturer, is mulling over the possibility of making a $1 billion...
ColinNg EDGoldisBhd2JPG

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Goldis Bhd is an investment company with private equity investments in Malaysia and China, focusing mainly on life sciences and green technology.
Arjuni Hair

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Backed by seed capital from a Japanese investment fund, Phnom Penh-based Arjuni Ltd has set up a buzzing e-commerce business selling natural hair extensions...