Business News

Business News

News about trade, finance, investment trends and issues.

Jakarta3

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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

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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

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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

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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

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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...
GIC

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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

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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,...
Bangkok

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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

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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...
Myanmar1

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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

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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

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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

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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...
ASEAN

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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...
Thailand Rice Export1

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The full recovery of the industrial sector after the 2011 floods will prompt the Thai economy to grow by 4.5 per cent this year,...
Astro Sat

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Pay-TV company Astro Malaysia Holdings Bhd, preparing for the next large IPO in the country, will offer almost half of its shares to indigenuous...
Lao Vietnam Border

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The two communist-led nations of Vietnam and Laos are forging closer economic ties, while Vietnam also discovers East Timor and Africa as investment destinations. In...
Taxes

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Singapore has made it in the news as a possible destination for wealthy German individuals' funds that are currently kept in Switzerland for tax...