News

News

Breaking news on the region’s latest developments

Lee: ASEAN economic integration ‘economically difficult’

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Singapore Prime Minister Lee Hsien Loong in a statement in September 17 said that achieving the ASEAN Economic Community (AEC) will "depend on the...
Tata-Singapore Airlines deal causes stir in India

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The recent deal between Singapore Airlines and industrial conglomerate Tata Group to set up a new airline with base in New Delhi has raised...
Stolen Nigerian oil lands in Thailand, Indonesia, Singapore

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Significant amounts of crude oil stolen from Nigerian oil pipelines and terminal are reportedly partly sold to Thailand, Indonesia and Singapore in by organised...
Apple’s ‘cheap’ iPhones launched globally

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Apple started the rollout for its new "cheap" iPhones 5C and 5s on September 20. The double debut will see around-the-world sales of the...
GDP per capita in ASEAN doubled since 2000

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Real gross domestic product (GDP) per capita in purchasing power parity in ASEAN has almost doubled from $2,882 in 2000 to $5,581 in 2011,...
ASEAN markets jump after surprise Fed decision

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Southeast Asian stocks and currencies saw robust gains as investors returned to emerging markets after the US Federal Reserve surprisingly announced that there will...
ASEAN markets await crucial Fed decision

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ASEAN stocks and currencies were down on September 18 as countries eagerly awaited the decision of the US Federal Reserve to reduce its quantitative...
Asia’s worst currency: The rupiah

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Indonesia's currency, the rupiah, has topped India's rupee in being the worst-performing currency in Asia since June, Japanese investment house Nomura said. The currency has...
Cambodia reports $1.41b trade deficit

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Cambodia has accumulated a trade deficit of $1.41 billion in the first eight months of 2013, according to figures from the Ministry of Commerce...
Solar power, a viable alternative for Brunei

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Brunei has made the energy sector in Southeast Asia sit up and take notice with its announcement that the oil-rich state will introduce a...
Dogs off the menu in Southeast Asia

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Westerners cringe at the thought of eating a man’s best friend, a taboo cuisine that has been dined upon throughout parts of Asia. An...
Mass protests in Cambodia rekindling

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Cambodia's main opposition party has launched another mass demonstration in the capital on September 15 to step up pressure against Prime Minister Hun Sen...
Southeast Asia’s energy hunger needs to be stilled

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The Asian energy ministers’ meeting, the Fifth Asian Ministerial Energy Roundtable held on September 12 in Seoul and co-hosted by South Korea and Qatar,...
Brunei family buys entire London street

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A family from Brunei has reportedly bought 75 per cent of property along Queensway, the west London thoroughfare, in a series of deals worth...
Kodak is back – with a focus on Asia-Pacific

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Some of the older generation might remember Kodak, or Eastman Kodak Company, once the leader on the analog photographic market in the 1970s and...
Obama’s ASEAN trip confirmed for October

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The White House on September 14 confirmed that US President Barack Obama will travel to ASEAN from October 6 to 12 and visit four...
Cheapest labour in Asia: Not Myanmar, not Bangladesh

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In the past years, there has been a notable shift of labour costs within Asia, and China is no longer leading the pack. The...
Small businesses in ASEAN – Keys to overcoming the middle-income country trap

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An analysis by Ronald Mendoza, Asian Institute of Management