Asia

Asia

Asia is a section of News on Investvine.com
Bamboo Airways finally takes to the skies

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Vietnam’s new private airline, Bamboo Airways, will commence commercial flights on January 16 after repeated delays, the company said in a statement to news...
Alibaba launches second data center in Indonesia as demand surges

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China's e-commerce giant Alibaba Group, through its cloud computing arm Alibaba Cloud, on January 9 launched its second data center in Indonesia to cope...
Viettel has plans to expand to North Korea, Cuba

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Viettel Group, Vietnam's largest mobile network operator wholly owned and operated by the Ministry of Defense, has plans to expand to socialist sister countries...
Bangkok among most expensive cities

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Bangkok has joined the list of the 100 most expensive cities for expatriate workers for the first time on the strong baht, economic growth...
China to build $4.4-billion steel complex in the Philippines

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The Philippine government on December 14 signed a memorandum of understanding with Chinese companies for the joint implementation of the “Philippine Iron and Steel...
Vietnam keen to host next Trump-Kim summit

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Vietnam has expressed interest in hosting the second US-North Korea summit, while high-level officials of the two countries were confirmed to have visited Vietnam...
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...
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...
Vietnam to advise North Korea on economic development

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Vietnam is set to teach secluded North Korea lessons of how to open its economy during a visit of North Korea's foreign minister Ri...
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...
Works on Thai-Chinese high-speed rail to commence in 2019

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The Thai government will begin construction of the first phase of the remaining three sections of the Thai-Chinese high-speed rail between Bangkok and Nakhon...
Thailand’s tourism hit hard as Chinese visitor numbers drop almost 20%

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Thailand's Ministry of Tourism and Sport has admitted that the number Chinese tourists to Thailand fell by 19.8 per cent in October compared to...
Chinese to invest $2 billion to build industrial park in Clark, Philippines

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Chinese construction and engineering company China Gezhouba Group will invest $2 billion to establish an industrial park in New Clark City in Pampanga province...
China plans free trade zone in the Golden Triangle

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China is looking to establish a free trade zone at the section of the Mekong where the river forms the border between Myanmar and...
Myanmar, China agree on new deep sea-port on cheaper terms

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Myanmar and China have signed an agreement on November 8 on a controversial deep sea port project in the Bay of Bengal, allowing Beijing...
Thailand set to legalise weed for medical use

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Thailand is readying to become the first Asian country to legalise marijuana, albeit just for medical use as the country does not want to...
US sanctions two Singapore firms for North Korea dealings

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The US Treasury Department said in a statement on October 25 it has put two Singapore companies, commodities trading house Wee Tiong Singapore Pte....
Cambodia strengthens tourism cooperation with Thailand, Vietnam

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Cambodia will further strengthen its tourism sector cooperation with Thailand and Vietnam as the country seeks to attract ten million international tourists in 2025...