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Business News

Business News

News about trade, finance, investment trends and issues.

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Southeast Asia could be seriously affected in case the US falls into recession, but some countries would be more badly hit than others, economists...

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The Philippine government has awarded a consortium backed by South Korean and European companies and led by Samsung Group’s construction arm the $11-billion deal...

379
Innovative educational technology companies (edtechs) in Vietnam are increasingly on the radar of international private equity firms as education gets more digitised not only...

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Singapore-based banking group DBS, Southeast Asia’s largest lender by assets, has teamed up with The Sandbox, a blockchain-based Metaverse gaming platform, to develop new...

400
Faced with a debt crisis and various other economic problems, Laos saw its inflation jumping to 30.1 per cent year-on-year in August from 25.6...

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Chinese car maker Chery Automobile plans to set up a factory in Vietnam by next year to sell locally produced models in the country...

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Vietnamese electric vehicle maker VinFast will ship about 5,000 vehicles to customers in the US, Canada and Europe in early November, according to a...

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A new route – either a bridge or a tunnel – spanning 120 kilometers is planned by a private consortium to link Malaysia's coast...

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Chinese car maker BYD Auto said it would set up a facility in Thailand to start producing 150,000 passenger cars per year from 2024. The...

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US co-working company WeWork has unveiled its flagship office tower in Singapore as it expands in the Asian financial hub, which is among its...

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Myanmar exiles ousted in a 2021 coup are pressing the US Federal Reserve to endorse their bid to use billions of dollars in funds...

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Qatari telecommunications company Ooredoo is about to sell its Myanmar operations to Singapore-headquartered technology firm The One Matrix Ventures, Reuters reported, referring to insiders. Ooredoo...

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The Indonesian government is planning to establish its envisaged “crypto stock exchange” by the end of 2022, DealStreetAsia cited the country’s deputy trade minister...

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Thailand’s embattled flag carrier Thai Airways International has set the course to recovery as its creditors have accepted the carrier’s revised rehabilitation plan The airline...

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A joint venture of three Thai companies in the petroleum industry has announced plans to make aviation fuel from used cooking oil. The project will...

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The wife of the former Malaysian prime minister Najib Razak, Rosmah Mansor, has been sentenced to ten years in prison for soliciting and receiving...

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Cryptocurrency adoption in Singapore has risen despite a hardline approach of the city-state’s financial market regulator, a new survey shows. According to data from Australia-based...

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Indonesia’s biggest e-commerce company GoTo on August 30 posted a half-year net loss of 14.17 trillion rupiah ($955 million), more than double compared with...