United States
US extends sanctions on Myanmar
The US Congress on August 2 voted for an extension of the disputed import ban against Myanmar products. Both the Senate and the House...
Myanmar hit if US extends import ban
Myanmar’s aim to attract investments into labour-intensive manufacturing may suffer a setback if the US renews it much-disputed import ban on all goods from the...
IMF retains robust outlook for ASEAN-5
The International Monetary Fund has kept its 2012 growth forecast for the ASEAN-5 countries Indonesia, Malaysia, the Philippines, Vietnam and Thailand.
The IMF said in...
General Electric in first US-Myanmar deal
Industry giant General Electric has become the first US firm to seal a deal with Myanmar after sanctions were lifted by US President Barack...
Asia’s largest advertising group created
The takeover of UK-based marketing agency Aegis by Japan's advertising giant Dentsu for $5 billion is creating Asia's largest advertising conglomerate. The deal will...
US investors question rule of law in Cambodia
At the US-ASEAN Business Forum held on July 13 in Siem Reap, Cambodia, home of the Angkor Wat temple, local businesses had to woo...
US renews economic ties with Myanmar
After more than 15 years of harsh sanctions against Myanmar, US companies now get the opportunity to refresh economic relations with the former pariah...
Clinton on historic Laos visit to promote investment
US Secretary of State Hillary Clinton arrived in Vientiane on July 11 from a brief trip to Hanoi for an official one-day visit, the...
Asia takes lead in number of millionaires
Fast-growing Asia-Pacific for the first time outnumbered North America in the number of dollar millionaires, according to the World Wealth Report 2012, released by...
G20 pledges to strengthen global economy
Facing the debt crisis in Europe that threatens to affect markets worldwide, G20 world leaders who concluded their annual meeting in Los Cabos, Mexico,...
Maximising gains in the Philippine property sector
The news about the growth of the Philippine economy is also positively affecting the Philippine property market. Heightened confidence is expected to fuel the growth of property-related demand in the short- to medium-term.
South China Sea dispute a threat to regional stability
The dispute over the South China Sea is no longer limited to regional claimants and could threaten the stability of the entire Southeast Asia region, if diplomatic efforts between China, the Philippines and the US fail.
Nomura speaking the language of Malaysia
One of the world’s leading financial services companies is now speaking a global language while staying true to its Japanese roots and culture. Nomura...
Paris number one luxury home destination
Paris has increasingly become a popular destination for foreign investors looking to buy property, and has seen prices increase as a result. Luxury home...
China set to become leading luxury consumer
As its population and development increase, China will soon overtake Japan as the world’s largest consumer of luxury goods. This year’s World Luxury Association’s...
UAE and Western Australia to work on wheat issues
Government leaders from the UAE and Australia met this week to discuss grain exports between the two countries. After last year’s drought in major...
Saudi millionaires on the rise
In a recent study by the Boston Consulting Group, it was revealed that, not unexpectedly, Saudi Arabia has the highest concentration of “ultra-high net...
Rare earth mine halted for UN investigation
In an effort to upend China’s 90% monopoly on the rare-earth mineral market, Malaysia is hoping to build a rare-earth mine in Pahang. However,...
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Cambodia bans online gambling
Cambodia will no longer issue licenses to online gambling businesses, and all existing licenses will not be...
Stories of the week
Thailand seeks to boost weakening economy with $10.2-billion stimulus package
Thailand is planning a stimulus package worth 316 billion
baht ($10.2 billion) to support farmers, lower-income earners, tourism...