World News

World News

World news is a section of News on investvine.com
Thailand’s English proficiency deteriorates

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The new edition of EF English Proficiency Index (EF EPI), a ranking compiled annually by Swedish education company EF Education First, revealed that English...
Myanmar presents plan to attract over $200 billion in foreign investment

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The Myanmar Investment Commission (MIC) came up with an ambitious business plan that includes a major investment promotion strategy aiming to attract more than...
Malaysia auctions off 1MDB-linked superyacht

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Malaysia’s government has launched a one-month auction for luxury yacht Equanimity which has allegedly been bought with money stolen from the multibillion-dollar looting of...
Malaysian passport classified as fifth-best worldwide

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The Malaysian passport has been ranked fifth among the best passports in the world in terms of visa-free or visa-on-arrival access to other countries...
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....
European Union revokes preferential trade status for Cambodia

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The European Union on the 12th annual EU-Association of Southeast Asian Nations Summit that took place in Brussels on October 18-19 temporarily revoked its...
Singapore’s first flying taxis to take off in 2019

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Singapore is set to begin test flights with flying taxis in the second half of 2019, the German company behind the technology said in...
EU, Singapore ink free trade and investment pact

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Just shortly after a similar deal with Vietnam was settled, the European Union (EU) and Singapore signed free-trade and investment protection agreements in Brussels...
EU-Vietnam trade agreement to eliminate 99% of all tariffs

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The European Commission on October 17 adopted the long-planned trade and investment agreements between the European Union (EU) and Vietnam, paving the way for...
Cambodia targets 15 million tourist arrivals by 2030

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Cambodia’s tourism ministry has set a target of 30 million tourist visits annually by 2030, up from the 5.6 million international visits last year. Some...
End of EU trade preferences could bring Cambodia’s economy to its knees

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The European Union (EU) announced on October 5 that Cambodia would lose its special access to European markets under the so-called Everything But Arms...
Vietnam’s new car maker debuts with two models at Paris Motor Show

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VinFast, Vietnam’s new home-grown car manufacturer and a subsidiary of Vietnamese industry conglomerate VinGroup, unveiled its first two passenger vehicles, a saloon and an...
Malaysia Ex-PM’s wife Rosmah arrested, to be charged with money laundering

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Rosmah Mansor, wife of Malaysia’s former prime minister Najib Razak, has been detained on October 3 by the Malaysian Anti-Corruption Commission (MACC). According to...
Laos quietly introduced new tourist tax on Oct. 1

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The Lao government eventually without much fanfare introduced a tourist tax - which was in the planning since 2010 - on October 1, 2018....
Mahathir “lost all faith” in Myanmar’s Suu Kyi, ends support

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Malaysia will no longer support the leadership of Myanmar's Aung San Suu Kyi as a result of her handling of the Rohingya crisis in...
1MDB saga to be turned into movie

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The story of the multi-billion-dollar graft scandal involving Malaysian state fund 1Malaysia Development Berhad (1MDB) – believed to be the world’s largest-ever fraud case...
Canada strips Myanmar’s Aung San Suu Kyi of honorary citizenship

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The Canadian parliament has unanimously voted to strip Myanmar’s leader Aung San Suu Kyi of her honorary citizenship over her handling of the Rohingya...
Filipino entrepreneur builds passenger drone for traffic-plagued cities (video)

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A Philippine inventor has constructed a large drone suitable for passenger transport and found a partner for mass production in Australia. Former dancer and camera...