Economy and Trade

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

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...

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...

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

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

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...

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

Vietnam's first cargo airline, privately owned IPP Air Cargo, is ready to take to the skies as early as November this year after receiving...

Myanmar’s currency, the kyat, is continuing its rapid devaluation and has reached a record low against the US dollar and other major currencies in...

Thailand’s households are struggling with the highest level of debt in 16 years, according to a new survey by the University of the Thai...

Vietnam received nearly $16.8 billion in foreign direct investment as of August 20 this year, down 12.3 per cent anually, according to the country’s...

Apple supplier Foxconn has signed a memorandum of understanding with Vietnamese developer Kinh Bac City to expand its existing manufacturing facility in the north...

Thailand saw just 3.78 million tourist arrivals from January to mid-August, a government official said on August 19 as arrival numbers are just slowly...

Cambodia in a first for Southeast Asia’s developing countries will introduce a pilot scheme to add financial literacy into school curricula, the Phnom Penh...

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...

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 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 spent an average 4.9 per cent of its gross domestic product (GDP) or 18 per cent of the state budget annually on education...