Business News

Business News

News about trade, finance, investment trends and issues.

Pepsi Myanmar

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US beverage giant PepsiCo has signed an agreement with a local Myanmar distributor to sell its soft drinks in the former pariah state after...
Dawei Draft

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The Dawei deep-sea port and industrial zone project received support from Thai and Myanmar leaders on July 23 in an attempt to soften the...
Tiger Beer

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The bidding war between Heineken Group of the Netherlands and Thailand's largest brewer Thai Beverage for Singapore's Tiger Beer is getting tougher. In a surprise...
Floods Manila Philippines

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Monsoon season in Southeast Asia has ushered in devastating rains, halting business in Manila and affecting thousands in Georgetown, Penang. Major traffic arteries in Metro...
Myanmar2 451x300

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Myanmar's new investment law, eagerly awaited by companies ready to pour money into the newly opened economy, has still not been approved by the...
20110620LeLuongMinh

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The new secretary-general of the ten-nation ASEAN bloc will be Deputy Foreign Minister Le Luong Minh of Vietnam, barring unexpected developments, according to a...
CSCL Asia

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Talks are speeding up between ASEAN member countries and other major Asian economies to establish the so-called Regional Comprehensive Economic Partnership (RCEP), a regional...
Indonesia Economy 2009 6 10 8 51 6

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Indonesia's economy grew better than expected in the second quarter of 2012 due to rising domestic and foreign investment activity and robust domestic demand. Gross...
Garuda

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Skyrocketing passenger growth has stressed the limits of Soekarno-Hatta International Airport in Jakarta over the past years, but long-delayed upgrades in infrastructure are at...
Myanmar Yangon Pic

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The US Congress on August 2 voted for an extension of the disputed import ban against Myanmar products. Both the Senate and the House...
Jeepney1

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The Philippines may come close to expanding 6.4 per cent in the second quarter, said Socioeconomic Planning Secretary Arsenio Balisacan at a hearing for...
Lima

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Peru wants to forge closer trade ties with Vietnam as the South American country begins looking for investment opportunities in Southeast Asia, according to...
Mm Snapshots 400x264

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The World Bank has opened up a new country office in Yangon, the commercial capital of Myanmar. The international financial institution will prepare a...
Export

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Myanmar’s aim to attract investments into labour-intensive manufacturing may suffer a setback if the US renews it much-disputed import ban on all goods from the...
Laos People

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The Lao Ministry of Planning and Investment has approved private investments worth $2 billion in the first half of the country's fiscal year from...
CRC Indonesia

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Indonesia’s rapidly expanding economy and increasingly sophisticated retail market has drawn the attention of Thailand’s Central Retail Corporation (CRC), which plans to add the...
Temasek Holdings Singapore

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Singapore's sovereign wealth fund Temasek Holding is looking at assets in Europe as it considers dropping share values of EU companies as a result...
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...