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Business News

Business News

News about trade, finance, investment trends and issues.

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US tech giant Apple has told its suppliers that it wants to expand contract manufacturing outside of China and is looking at Vietnam and...

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Malaysia has attracted 16.52 billion ringgit ($3.8 billion) worth of new investments commitments through its trade mission in the US this year so far,...

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Thai AirAsia X, the long-haul division of the Thai unit of Malaysian budget airline AirAsia Group, has become the third airline in Thailand to...

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Taiwan Semiconductor Manufacturing Company, or TSMC, is exploring the possibility of setting up a new production facility in Singapore to help address the persistent...

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A newly discovered underground gold mine in Laos that has just begun operations is expected to significantly bolster mineral production in the country and...

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Thailand’s indebted national airline Thai Airways International suffered another net loss of 3.24 billion baht ($94 million) on revenue of 11.18 billion baht ($342...

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As many as 32 per cent of Cambodian consumers plan to stop using cash for their errands and bill payments following the Covid-19 pandemic,...

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US-based Hershey Company, the world’s fifth largest chocolate and candy maker, has opened a new research and development (R&D) center in Malaysia to develop...

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The eastern Malaysian state of Sarawak has entered talks with Norway to set up and manage a sovereign wealth fund from oil and gas...

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Chinese e-commerce and Internet technology giant Alibaba Group has put into operation its first data center in Thailand to tap the country’s growing cloud...

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Malaysian Prime Minister Ismail Sabri Yaakob during his four-day working visit to Washington, D.C. on May 11 has invited US businesses, particularly Fortune 500...

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Vietnam’s domestic car maker VinFast once again is set to postpone its much-awaited initial public offering (IPO) in the US, likely until next year...

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Philippine stocks dropped to a new nine-month low on May 10, the day after Ferdinand Marcos Jr., son of late dictator Ferdinand Marcos, won...

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Chinese e-commerce giant Alibaba Group is investing $378.5 million in its Southeast Asian retail division Lazada, according to a regulatory statement filed with the...

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Philippine think tank Action for Economic Reforms (AER) has warned that a potential presidency of Ferdinand Marcos Jr., the son of the country’s late...

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The China-Laos railway, which opened in December last year, has experienced significant transportation growth since its launch both in terms of passenger and freight...

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Thai Beverage, the company that produces Thailand’s iconic Chang beer and the popular Mekhong rice liquor, among others, has revived plans to list its...

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Cambodia has officially started  the construction of a multi-purpose deep seaport in its southern Kampot province on May 5 after the project was delayed...