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Industries

Industries

Growth reports, trends and breakthroughs

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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...

401
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...

470
Chinese car maker Chery Automobile plans to set up a factory in Vietnam by next year to sell locally produced models in the country...

472
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...

455
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...

474
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...

543
Myanmar exiles ousted in a 2021 coup are pressing the US Federal Reserve to endorse their bid to use billions of dollars in funds...

516
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...

482
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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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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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...

735
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...

571
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...

550
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...

667
Singapore-headquartered Grab, a ride-hailing-turned-e-commerce group and once Southeast Asia’s most valuable startup, is falling behind Indonesian competitor GoTo in the public financial markets. The downturn...

626
Najib Razak, prime minister of Malaysia between 2009 and 2018, has finally been sent to jail to start serving a 12-year sentence for his...

614
Apple supplier Foxconn has signed a memorandum of understanding with Vietnamese developer Kinh Bac City to expand its existing manufacturing facility in the north...

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Indonesia has urged US electric vehicle maker Tesla to manufacture its cars and vehicle batteries in the country, Bloomberg News cited the nation’s President...