ASEAN

ASEAN

ASEAN is a section of News on investvine.com
Singapore To Hike Gst, Tightens Duty Free Allowances

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Amid slowing global growth, ongoing geopolitical uncertainty and technological disruptions to industries and jobs, Singapore issued a budget for 2019 that will see new...
Thai Economy Grows Better Than Expected, But Election Looms

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Thailand's economy grew fastest in six years in 2018, with fourth-quarter beating expectations on higher domestic demand and record tourism arrivals. GDP rose 3.7...
Malaysia Gets First Robot Hotel

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Becoming increasingly popular in countries such as Japan, Singapore, China and Taiwan, the trend now comes to Southeast Asia: The first robot hotel will...
Laos A Draw For Investors, But Obstacles Remain

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With growth rates of around seven per cent in recent years, Laos is one of the best performing in ASEAN. The country’s GDP rose...
Bangkok Now Second Most Expensive City To Live In Southeast Asia

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Thailand’s capital Bangkok has now become the second most expensive city to live in within ASEAN, only beaten by Singapore, according to a new...
Duterte Revisits Idea Of Philippines’ Name Change

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Philippines President Rodrigo Duterte has called for the island nation to be renamed to shed its colonial heritage from Spain. At a speech in...
Philippines Could Lose $1.5 Billion In Remittances From Cash-strapped Gulf States

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Around 80,000 to 100,000 jobs for Oversea Filipino Workers, or OFWs, among them 30,000 household service workers, could be lost due to the precarious...
Laos Lays Out Economic Growth Path

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The Laos government has unveiled a new national development vision, which it plans to facilitate from 2021 to 2025. The plan entails the transformation of...
Malaysia’s Ex-pm Hit With More Charges In 1mdb Scandal – Trial Begins On Feb. 12

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Malaysia's former prime minister Najib Razak has been charged with three more counts of money laundering amounting to $11.6 million. He pleaded not guilty...
New Philippine Space Agency Seen To Capture $1.5-billion Market

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The planned Philippine Space Agency, or PhilSA, which has been announced last month by the country’s science and technology secretary, is expected to capture...
Cambodia Launches Khmer Rouge App

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The department of Media and Communication (DMC) at the Royal University of Phnom Penh has launched a mobile app and website – Mapping Memories...
Myanmar Opens Up For Foreign Insurance Compnaies

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Myanmar’s financial regulator will begin granting licenses to foreign-owned insurance companies, allowing them to operate in the market by April this year. “We will soon...
Indonesia’s Batam Hoping For $60 Billion In Investment

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Indonesia wants to re-position Batam, an island archipelago just 30 kilometers south of Singapore, as an alternative manufacturing and shipping hub that would compete...
Yangon To Get Skytrain

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China has proposed to fund a $1.5-billion elevated railway project in Myanmar’s commercial capital, Yangon. China Railway Eryuan Engineering Group Co., Ltd (CREEC) made...
Filipinos Spend More Than 10 Hours Online Per – World Record

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The Philippines are topping the global country ranking of Internet usage per day with an average ten hours and 2 minutes of screen time....
Thailand’s Central Group To Invest $200 Million In Ride-hailing Service Grab

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Bangkok-based family conglomerate Central Group, which is active in retail, real estate, hospitality and restaurants and operates Thailand’s biggest shopping mall, plans to invest...
Corruption Is Getting Worse In Asia, Report Shows

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With an average score of just 44 out of 100 for three consecutive years, the Asia-Pacific region is making little progress in the fight...
Mass Arrivals Cause “headache” For Thai Tourism Minister

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Thailand received a record of 38.3 million tourists in 2018, and 2019 numbers are expected to be even higher. According to tourism minister Weerasak Kowsurat,...