ASEAN

ASEAN

ASEAN is a section of News on investvine.com
Ride-hailing service Go-Jek launched in Thailand under ‘Get’

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Indonesia's ride-hailing provider launched its service under the name of Get on December 14 for the Thai market – at first with a beta...
Laos misses out on its five-million tourists target this year

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Laos will close its “Visit Laos Year 2018” promotion well short of the five million tourist arrivals target, the Vientiane Times quoted officials. According to...
Philippine digital economy expected to grow to $10 billion by 2025

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The Philippine e-commerce industry is poised for exponential growth, with its share of the Southeast Asian market expected to be worth $10 billion by...
Indonesia’s Tokopedia raises $1.1 billion from Alibaba, Softbank

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Indonesia’s leading e-commerce portal Tokopedia said on December 12 it has raised $1.1 billion in funding from investors including Japanese tech holding SoftBank’s Vision...
Thailand lifts political campaign ban and sets election date for February 24

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Thailand's military government has said political parties are free to start campaigning ahead of a long-awaited election scheduled for 24 February, 2019. The announcement...
Three Southeast Asian cities among most visited in 2018

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Bangkok, Singapore and Kuala Lumpur made it once again into the top-ten list of most visited cities 2018 issued by business intelligence firm Euromonitor...
Cambodia seeks to double tourism arrivals by 2025

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Cambodian has ambitious plans to increase the number of tourism arrivals from six million in 2018 to 12 million by 2025 as it builds...
Cambodia to hold first-ever IT camp

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Cambodia’s first ever computing camp is due to be held in Siem Reap this month to promote literacy on cyber security, open-source software, social...
AirAsia enters budget carrier market in Vietnam

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AirAsia Group, the largest low-cost carrier in Southeast Asia, said December 6 that it has agreed with a partner in Vietnam to launch a...
Vietnam’s Vingroup to launch its own smartphone brand

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Vingroup, Vietnam’ biggest listed firm by market value and a conglomerate with businesses that range from real estate to retail to tourism to automotive,...
Foxconn plans iPhone plant in Vietnam in response to US-China trade war

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Taiwanese electronics assembler Foxconn Technology Group is planning to open an iPhone manufacturing facility for Apple in Vietnam to mitigate the effects of the...
Malaysia government sets 20% annual growth target for e-commerce sector

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The Malaysian government has set an annual growth rate target of 20 per cent for the e-commerce sector in the country, from 14.3 per...
Foreign direct investment into Malaysia increased 350% in past three quarters

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Malaysia’s foreign direct investments (FDI) volume increased to 49 billion ringgit ($11.72 billion) for the first nine months of this year compared with the...
On-demand bus trial starts in Singapore

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Singapore is launching a six-month trial of an on-demand public bus service on December 1, using technology to reduce congestion and costs in what...
Philippine fintech receives $215 million in country’s largest-ever startup funding

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One of the year’s largest fintech investments in Southeast Asia and the largest-ever in the Philippines has closed after Metro Manila-based Voyager Innovations announced...
Indonesia’s digital economy to become largest in ASEAN by 2025

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The annual “e-Conomy Southeast Asia” study conducted by Google and Singapore's state holding company Temasek found that Indonesia’s digital economy is poised to become the...
Thai startup receives $20 million in funding

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Thai workplace collaboration platform Eko has landed $20 million in a series B round led by Sinar Mas Digital Ventures (SMDV), the venture capital...
Chinese firm to create 50,000 jobs in Mindanao

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Panhua Group, a Chinese steel company, will set up a steel factory  for $3.5 billion in investment at the PHIVIDEC Industrial Estate of the...