Business News

Business News

News about trade, finance, investment trends and issues.

Bangkok2

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With slowing growth in China and India, all eyes are now on the emerging Southeast Asian economies which are showing resilience not only towards these two large trading partners, but also towards the EU debt crisis.
Dentsu 505 071312093156

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The takeover of UK-based marketing agency Aegis by Japan's advertising giant Dentsu for $5 billion is creating Asia's largest advertising conglomerate. The deal will...
Vote

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Which of the ten countries in ASEAN are presently providing the most promising environment for investors? Is it newly opened Myanmar, dynamic Vietnam or the more conservative and low-risk destination Singapore? Cast your vote.
300px Rolling Thunder Cloud

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Taking a look at the recent Asia Pacific GDP growth statistics you could be forgiven for thinking that there are storm clouds on the horizon. All the major countries in the region have had their GDP forecasts revised downwards.
Myanmar New Capital City Naypyidaw

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After more than 15 years of harsh sanctions against Myanmar, US companies now get the opportunity to refresh economic relations with the former pariah...

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Laos launched a new online trading platform in late June, the Lao PDR Trade Portal, providing traders and government agencies an easily accessible source...
Sby Latin

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Indonesian President Susilo Bambang Yudhoyono called for further collaboration between ASEAN and Latin America at the two-day ASEAN Latin Business Forum 2012 in Jakarta,...
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.
Yangon2

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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...
Singapore 12

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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,...
IHH1

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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...