Asia

Asia

Asia is a section of News on Investvine.com
Malaysia axes Chinese-backed pipeline projects worth $3-billion

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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...
Vietnam orders military hardware from Russia for $1 billion

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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...
Chinese to build $1.2-billion “vacation town” in Cambodia from scratch

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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...
Chinese poured $32.9 billion into Asia property last year, Thailand top destination

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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...
Taiwan considers cutting visa-free travel to twice a year for Thailand, Philippines, Brunei visitors

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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...
Sinking Bangkok among cities to be hardest hit by climate change

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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...
Indonesia invites China to take part in multi-billion infrastructure projects

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While Malaysia just has expressed unease about alleged infavourable repercussions of Chinese investments in construction and infrastructure in the country, Indonesia is fully optimistic...
Foreigners banned from buying property in large Chinese project in Malaysia’s Johor

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Foreigners will not be allowed to buy residential units anymore in a huge development in Johor state in southern Peninsular Malaysia backed by Chinese...
Vietnam demands Monsanto pay its dues for Agent Orange

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Vietnam has demanded US chemical giant Monsanto pay compensation to the victims of Agent Orange, which the company supplied to the US military during...
Laos next target for Chinese tourist “invasion”

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With hordes of Chinese tourists overrunning one Southeast Asian country after the other as a result of a new travel freedom and rising spending...
Malaysia shelves Belt and Road projects with China

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Malaysia has cancelled two multi-billion dollar projects that were part of China’s ambitious Belt and Road project, with Prime Minister Mahathir Mohammad saying that...
Dr. M talks tech with Alibaba’s Ma

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Malaysian Prime Minister Mahathir Mohamad, also known as Dr. M, met with the founder of China’s largest e-commerce enterprise Alibaba Group, Jack Ma, at...
No more “foreign garbage” imports to Thailand

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Thailand will ban imports of 432 types of scrap electronics within six months, an Environment Ministry official said on August 16, the latest country...
Vietnam’s economic miracle unabated – new “tiger” is born, report says

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A latest commentary by Qatar National Bank (QNB) on Asian economies stated that Vietnam has become one of Asia’s, as well as the world’s...
Laos’ main airport got huge expansion despite weak visitor numbers

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The international terminal of the airport serving the Laotian capital of Vientiane, Wattay International Airport, can now accommodate as many as 2.3 million foreign...
Thailand opens “VIP” immigration lanes exclusively for Chinese visitors

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Thailand’s authorities introduced special immigration lanes at five international airports in the country just for Chinese visitors, saying it was for their “ease and...
Myanmar significantly scales down Chinese-backed port project

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The Myanmar government is scaling down plans for a Chinese-backed port on its western coast in Kyaukpyu in a move to avoid running into...
Bamboo Air set to disrupt Vietnam’s busy airspace

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Bamboo Airways, a new airline in Vietnam launched by property developer FLC Group, is set to compete in one of Southeast Asia’s busiest aviation...