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Vietnam to spend over $58 billion for north-south high-speed railway
Vietnam now has earmarked up to $58.7 billion for its planned high-speed railway from the north to the south of the nation, the government...
Philippine bourse expects record stock listings this year
The number of initial public offerings (IPO) at the Philippine Stock Exchange will probably rise to a record this year, with a value of...
Vietnam needs up to $14 billion annually in power investments
Energy-hungry Vietnam will need investments of between $8 billion and $14 billion a year up to 2030 to develop new power plants and expand...
Philippines’ super-rich lose $7 billion
The combined wealth of the super-wealthy in the Philippines dropped to $72 billion this year from $79 billion in mid-2021 even as the country...
Inflation in Laos reaches over 25 per cent
Inflation in Laos increased to 25.6 per cent year-on-year in July from 23.6 per cent in June, according to the latest report from the...
Vietnam spends big on education to boost economic growth
Vietnam spent an average 4.9 per cent of its gross domestic product (GDP) or 18 per cent of the state budget annually on education...
Indonesia strikes $5-billion deal with Tesla for nickel supply
US electric vehicle maker Tesla has signed contracts worth a total of about $5 billion to buy materials for its batteries from nickel processing...
Southeast Asia’s tallest tower to open next year
Southeast Asia’s tallest building and the second tallest in the world, the Merdeka 118 tower in Kuala Lumpur, Malaysia is due for completion by...
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Proton enters electric vehicle market as distributor
Malaysian car maker Proton signed a deal with German-Chinese car brand Smart to distribute the latter’s electric vehicles in Malaysia and Thailand starting from...
Stories of the week
Proton enters electric vehicle market as distributor
Malaysian car maker Proton signed a deal with German-Chinese car brand Smart to distribute the latter’s electric vehicles in Malaysia and Thailand starting from...