Business News

Business News

News about trade, finance, investment trends and issues.

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Residential property sales in Singapore shrank by 64 per cent in August to the lowest point in six months as government cooling measures took...

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Myanmar and China signed a memorandum of understanding to set up the China-Myanmar Economic Corridor (CMEC) as part of Beijing’s Belt and Road Initiative,...

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The Hanoi Department of Transport is considering collecting tolls for private vehicles traveling into the inner-city areas which often face traffic jams. Vu Van...

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Thailand's military government on September 12 enacted two new laws that set in motion a countdown leading to elections to be held between February...

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Malaysia’s finance minister Lim Guan Eng said that authorities have reason to believe that up to 70 per cent of the misappropriated money from...

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Philippine President Rodrigo Duterte, who previously had confessed his inadequacy on economic issues, is seeking help from people more fit in the subject. The...

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Thailand’s Board of Investment (BOI) has announced new packages and privileges for electric vehicle companies to establish operations in the Eastern Economic Corridor, a...

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The Malaysian government has finally decided to cancel three China-backed pipeline projects after halting work on them, The Financial Times wrote. The report said...

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Vietnam has placed orders for Russian weapons and military services worth more than $1 billion, Russia’s state news agency TASS reported, according to Reuters.  “We...

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Chinese developer Tianjin Union Development Group has unveiled plans for yet another project called “Tourism Vacation Town” in Cambodia that will cost $1.2 billion...

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Mainland Chinese property buyers acquired real estate across Asia for $32.9 billion in 2017, up 352.4 per cent from $7.28 billion in 2016, a...

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The Malaysian government will raise and standardise the minimum wage for the private sector across the country as of January 1, 2019, fulfilling one...

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Indonesia plans to delay $25 billion worth of power projects as it seeks to rein in a widening current-account deficit and a selloff in...

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Taiwan mulls reducing the number of visa-free entries for citizens of Thailand, the Philippines and Brunei to two times year, down from currently six...

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Malaysia and Singapore agreed to postpone the development of a high-speed rail service between the two countries by two years, Malaysian business weekly The...

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As Bangkok prepares to host climate change talks, the Global Warming and Climate Change Conference from October 4-5, experts once again remind that unchecked...

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Indonesia’s President Joko Widodo announced plans on September 1 to bid for the hosting of the 2032 Summer Olympics. The move following the country’s...

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The Vietnamese government has said it supports the idea of staging a Formula One race on the streets of the capital Hanoi, Reuters reported,...