Business News

Business News

News about trade, finance, investment trends and issues.

Malaysia’s Grey Economy At 21% Of Gdp

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The size of Malaysia’s shadow economy stands at around 300 billion ringgit a year, more than...
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Companies from the US are increasingly looking at the Philippines as possible alternative location for their existing...
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Indonesia's new administration is seeking to roll out a set of measures to boost its exports in...
Singapore Aims To Become Regional Hub For Digital Banks

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Singapore is undertaking steps to become a regional hub for technology firms with advanced data expertise, particulally...
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Malaysia will impose a cash transaction limit of 25,000 ringgit ($6,062) from the beginning of next year...
Thailand’s English Language Proficiency Drops To “very Low”

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Sign in a grocery store in Bangkok As every expat knows and foreign visitors are soon to realise,...
Thailand’s Digital Economy To Grow To $50 Billion By 2025

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In Thailand, the digital economy is expected to grow to a volume $50 billion by 2025 from...
Indonesia’s Gojek To Enter Ride-hailing Market In Malaysia, Philippines Next Year

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Indonesia’s ride-hailing giant Gojek will expand into Malaysia and the Philippines by 2020 as the company is looking...
Asean Summit Kicks Off In Thailand, Trump Skips

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The 35th summit of the leaders of the Association of Southeast Asian Nations (ASEAN) kicked off in...
Southeast Asia’s Tallest Tower Open For Business This December

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Southeast Asia’s tallest skyscraper is set to open its doors this December after more than four years...
Cambodia Retains Attribute Of Being Haven For Black Money

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There is no shortage of Chinese-funded casinos in Sihanoukville, Cambodia Despite effort by the government, among them the...
Brunei Opens Largest Rice Farm To Boost Food Self-sufficiency

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Brunei’s largest commercial rice farm has begun operations in Kandol in the western district of Belait, with...
Special Economic Zone In Laos Expects $10 Billion Investments

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A special economic zone in northern Laos bordering China is anticipating investment of at least $10 billion to...
Online Spending In Southeast Asia To Quadruple To $120 Billion By 2025

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E-commerce spending in Southeast Asia will increase nearly fourfold to $120.9 billion by 2025 from $31.3 billion...
Singapore’s First Automated Underground Bicycle Parking System Flops

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Singapore’s first automated subterranean parking system for bicycles, launched with much fanfare in January last year, will close...
Ease Of Doing Business: Philippines Shines, Brunei Drops Most In Southeast Asia

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The new Doing Business Report 2020 issued by the World Bank, which measures 190 global economies on...
Philippines To Revise $180- Billion “build, Build, Build” Plan To Make It “more Realistic”

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Infrastructure construction in Makati The Philippine government, after a phase of promoting its ambitious “Build Build Build” programme...
Vinfast Makes Debut At Vietnam Motor Show

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The VinFast Lux SA 2.0 is based on the BMW X5 Vietnam’s first home-grown car brand, VinFast, a...