Business News

Business News

News about trade, finance, investment trends and issues.

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Coca-Cola’s Philippine branch will pioneer with an investment of one billion pesos ($19.3 million) to construct a...
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Cambodia is among the countries whose citizens are quickly adopting cashless payments, the newly released Visa Consumer Payment...
Indonesia Ponders Over Allowing Foreign Airlines To Fly Domestic Routes

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Indonesia’s president Joko Widodo has made a proposal for a new aviation policy that would allow foreign...
Myanmar Seeks To Attract More International Educational Institutions

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Foreign education providers are showing increasing interest in opening branches in Myanmar, with several already having started to...
Vietnam’s Ipo Frenzy Expected To Coll Down This Year

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Ho Chi Minh Stock Exchange © Arno Maierbrugger After a record year of share sales in...
Singapore Gdp Growth Slows Sharply, Recession Expected For 2020

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Singapore is expected to experience the sharpest economic slowdown in Southeast Asia this year, with gross domestic product...
Malaysia Airlines Shutdown Would Affect 400,000 People: Ceo

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A potential shutdown of Malaysia’s national carrier Malaysia Airlines would directly and indirectly affect 400,000 people, the...
Myanmar Grants Visa-on-arrival To Six Selected Countries

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Myanmar will grant visa-on-arrival to six more countries beginning on October 1 as a relaxation of restrictions...
Myanmar’s Central Bank Wary Of Fast Growing Cryptocurrency Use In The Country

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The Central Bank of Myanmar is determined to curb the growing local cryptocurrency industry after it issued...
S&p Bullish On Indonesia

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Indonesia won a sovereign rating upgrade from S&P Global Ratings for its “strong economic growth prospects” and prudent...
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Malaysia PM Mahathir Mohamad Malaysia’s Prime Minister Mahathir Mohamad on May 30 proposed the creation of a new...
Southeast Asia Just Got A Bit More Competitive

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Business district in Jakarta, Indonesia Four out of ten countries of the Association of Southeast Asian Nations, or...
Vietnam’s Economy Set To Overtake Singapore’s In Size

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Tran Thi Ly Bridge in Da Nang, Vietnam © Arno Maierbrugger Vietnam’s economy could be bigger...
Toyota Plans Car Plant In Myanmar

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The world's largest auto maker Toyota (as of the first quarter of 2019) is planning to build...
Malaysia To Expand Use Of Palm Oil In Biofuels

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As one the world’s major palm oil producers, Malaysia will continue to play a key role in ensuring...
Chinese Tourist Arrivals In Thailand Drop Further

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Despite hopes of a reversal of a negative trend in Chinese tourist arrivals to Thailand, the number...
Travel Warnings For Indonesia As Post-election Unrest Spreads

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So far, nine countries have issued travel advisories for citizens planning to visit Indonesia following a rally...
Cambodia Seeks To Attract Muslim Tourists, Awards Halal Certifications

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The Cambodian Ministry of Tourism is targeting visitors from countries in the Middle East, a region believed...