Markets
Markets is a section of Business News on investvine.com
Thais turn to crocodile meat amid rapidly rising pork prices
Demand for crocodile meat is surging in Thailand as the price of pork continues to rise. The reason is a supply shortage of pork...
Vietnam seeks to quickly develop electric vehicle market
Vietnam will be introducing some administrative reforms in order to boost its domestic vehicle market, the country’s national radio broadcaster Voice of Vietnam reported.
The...
Laos’ central bank authorises first two crypto trading platforms
The Bank of the Lao P.D.R. has issued licenses to two companies to trade in cryptocurrencies, Xinhua reported.
The first authorised platform is Lao Digital...
New “ultra low-cost” airline gets approval to operate in Malaysia
The Malaysian civil aviation commission has approved and licensed another new domestic airline startup despite the industry is still reeling from the impact of...
Singapore orders shutdown of cryptocurrency ATMs
The Monetary Authority of Singapore (MAS), after it issued new guidelines for marketing and advertising of cryptocurrency services in the city state on January...
Malaysia assesses use of digital central bank money
Malaysia has started an assessment of the potential benefits of a central bank-backed digital currency, Bank Negara Malaysia said according to a Bloomberg News...
Vietnam’s economy seen to grow 5.5% this year in case pandemic subsides
Vietnam’s economic recovery is likely to accelerate in 2022 as gross domestic product (GDP) growth is expected to rise to 5.5 per cent from...
Laos hopes for one million tourists after reopening to international visitors
Laos has partially reopened its border for international tourists on January 1 and is now expecting at least one million fully vaccinated travelers visiting...
Citigroup sells retail banking business in Thailand, Malaysia, Indonesia, Vietnam to UOB
Citigroup agreed to sell its consumer banking businesses in Thailand, Malaysia, Indonesia and Vietnam with a customer base of about 2.4 million to Singapore’s...
Thailand causes controversy with introduction of ‘entry fee’ for tourists
Thailand will begin collecting a 300-baht ($9) “entry fee” from foreign tourists starting from April regardless whether they enter the country by air, land...
Myanmar’s junta introduces hefty tax on Internet services to curb communication, raise income
Myanmar’s military government implemented a hefty raise of the commercial tax on Internet services on January 8, state-run newspaper Global New Light of Myanmar...
Cambodia’s bicycle exports rise 21% despite Covid-19 restrictions
Cambodia’s bicycle exports increased by 21 per cent in value from January to October 2021 as compared to the same period in the previous...
Creditors demand nearly $14 billion from struggling Garuda Indonesia
Creditors of Indonesia’s struggling flagship airline Garuda Indonesia are seeking about 198 trillion rupiah ($13.9 billion) in claims as part of the carrier’s debt...
Ford sets up assembly plant in Cambodia
US car maker Ford Motor Company finally decided to set up an assembly plant in Cambodia for the production of its Ford Ranger and...
Vietnam’s VinFast seeks to establish electric vehicle factory in Germany
Vietnamese car manufacturer VinFast, which is keen to expand with its electric vehicles to the US and Europe this year, is reportedly looking for...
New domestic airline set to take off in Malaysia
SKS Airways, a new commercial airline in Malaysia, has been awarded a full Air Service License by the Malaysian Aviation Commission, effective January 1,...
Indonesia gives green light to Ooredoo-Indosat merger valued at $6 billion
Indonesia on December 4 approved a merger of the local telecom units of Qatar’s Ooredoo and Hong Kong’s CK Hutchison supposed to be worth...
Junta-induced Internet outages cost Myanmar $2.8 billion in economic damage
Internet outages orchestrated by Myanmar’s military junta to curb nationwide protests against the February 1, 2021 coup d’état resulted in economic damages for the...
Latest
Thais turn to crocodile meat amid rapidly rising pork prices
Demand for crocodile meat is surging in Thailand as the price of pork continues to rise. The reason is a supply shortage of pork...
Stories of the week
French, US energy giants exit Myanmar as junta-ruled country slips further into chaos
France’s TotalEnergies and US-headquartered Chevron, two of the world’s largest energy conglomerates, announced on January 21 that they were ceasing all operations in Myanmar.
As...