Arno Maierbrugger
Business journalist
Thailand to allow anyone to grow marijuana – but conditions apply
Residents of Thailand will be allowed to grow “as many marijuana plants as they want” in their own homes, according to Thailand’s health minister...
Vietnam’s e-learning market could hit $3 billion in revenue by 2023
The educational technology (edtech) or e-learning market in Vietnam is expected to reach revenue of around $3 billion by 2023 on the back of...
Shares of Indonesia’s GoTo surge on first trading day
The share price of Indonesia’s e-ecommerce giant GoTo skyrocketed 23 per cent when its stock started trading on April 11 on the Jakarta stock...
Indonesia has highest crypto adoption rate worldwide: study
Ownership of digital assets including cryptocurrencies in Indonesia is among the highest globally as many investors in the country look at those assets as...
Popular Philippine digital payment provider adds crypto option
Philippines-based fintech company PayMaya, together with GoCash, Coins.ph and Pesopay among the largest online and mobile payment providers in the country, has launched a...
Singapore brewery makes beer from recycled water
Singapore-based craft beer brewery Brewerkz Brewing has created what it calls a “uniquely Singapore beer with premium ingredients” called Newbrew which is made from...
Vietnam eyes motorcycle curbs in five largest cities until 2030
The Vietnamese government in its attempt to get the partly insane motorcycle traffic in its largest cities under control has ordered the local administrations...
Myanmar junta orders all foreign currency holders to convert money into local kyat
The military government in Myanmar in an attempt to get more control over foreign currency flows has ordered all holders of foreign currency in...
GoTo rewards 600,000 drivers with company shares after IPO
Indonesia’s e-commerce giant GoTo said it will allocate around 920 million Series A shares to its 600,000 driver-partners following its successful initial public offering...
Cambodia considers high-speed railway lines
The Cambodian government is considering the development of high-speed railways to improve the country’s rail infrastructure, Prime Minister Hun Sen said in a speech...
Starlink chooses Philippines for its first branch in Southeast Asia
The Philippines is set to become the first country in Southeast Asia to get access to Starlink broadband connections, a satellite-based service by US...
Indonesia plans VAT, income tax on crypto transactions
The Indonesian government will charge value-added tax (VAT) on crypto transactions and income tax on capital gains from crypto investments at 0.1% each, starting...
Porsche launches its first plant outside Europe – in Malaysia
German sports car maker Porsche on March 28 officially inaugurated its first manufacturing site outside Europe in Kulim district in Malaysia’s northern Kedah state...
Property prices in Myanmar’s capital skyrocket in aftermath of coup
Real estate prices in Myanmar’s bizarre capital Naypyitaw have been rising since last year despite the military coup and ongoing military crackdown on civilians...
VinFast signs deal to build electric vehicle factory in US
Vietnam’s homegrown automaker VinFast said on March 29 that it has signed a preliminary deal to set up a factory in the US state...
Thai property developers stuck with $30-billion oversupply
Residential property developers in Thailand are facing heavy headwinds on the market as the number of new projects is exceeded market demand by far,...
Thailand’s Siam Commercial Bank enters the metaverse
Thailand’s largest lender by market value and fourth-largest by assets, Siam Commercial Bank, will become the first bank globally to open a virtual branch...
Dyson plans $1.1-billion investment in Singapore
British household appliance maker Dyson will invest $1.1 billion in Singapore over the next four years as part of its $3.6-billion global investment plan,...
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Taiwanese computer chip giant considers opening new plant in Singapore
Taiwan Semiconductor Manufacturing Company, or TSMC, is exploring the possibility of setting up a new production facility in Singapore to help address the persistent...
Stories of the week
Taiwanese computer chip giant considers opening new plant in Singapore
Taiwan Semiconductor Manufacturing Company, or TSMC, is exploring the possibility of setting up a new production facility in Singapore to help address the persistent...