ASEAN
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Malaysia sues large global banks, ex-PM to recover billions from 1MDB debacle
Construction site site in Kuala Lumpur for one of 1MDB's urban projects
Malaysia is suing units of Deutsche...
VinSmart quits production of own smartphone brand, realigns business
VinSmart phones, first launched in 2020, are already history
Vietnam’s largest business conglomerate Vingroup decided to close down...
Indonesia’s new presidential palace will look like a monstrous Garuda
The presidential palace in Indonesia’s planned new capital on Borneo island will look like a giant Garuda,...
Telenor writes off Myanmar investment of over $780 million
Picture: Aung Htai Hlaing
Norwegian telecommunications company Telenor at the presentation of its first-quarter financial results on May...
Indonesian banks shun Aceh as province tightens Islamic finance regulations
A number of large Indonesian banks are closing their conventional banking operations in the country’s strictly Muslim...
What pandemic? Indonesian multi-millionaire launches new airline
Indonesian businessman Rusdi Kirana, founder of Lion Air with a net worth of around $835 million, is...
US customs starts seizing Top Glove shipments
Despite assertions by the management of Malaysian glove maker Top Glove to have sorted out issues over...
Cambodia’s largest casino cuts 1,300 jobs amid pandemic
Cambodia’s largest casino, NagaWorld in Phnom Penh, is cutting 1,300 jobs as its once thriving business nearly...
Gojek to electrify entire fleet until 2030
Gojek driver with a Honda PCX Electric scooter
Indonesian ride-hailing and delivery company Gojek has announced plans to...
Coup and Covid: Recipe for disaster in Myanmar as poverty surges
As much as half of Myanmar’s population of a total of nearly 55 million could be living...
Indonesia creates new ministry of investment
Skyline of Jakarta
Indonesia’s government established a new Ministry of Investment on April 28 to make it more...
Vietnam Airlines reports highest quarterly loss in company history
Vietnam Airlines Group on April 30 posted a loss of 4.97 trillion dong ($215.6 million) for the...
AirAsia launches e-commerce portal for beauty products
Beauty channel on AirAsia's "Super App"
With not many people flying nowadays, Malaysia’s budget airline AirAsia is widening...
Online casinos shut down in the Philippines, leaving 30,000 out of work
"POGOs" are mainly catering to Chinese gamblers
About half of the more than 60 online casinos in the...
Top Glove declares forced labour issue resolved
Malaysian glove maker Top Glove said it has successfully addressed and resolved all indicators of forced labour...
Gojek, Tokopedia merge to new Southeast Asian e-commerce giant GoTo
New e-commerce giant GoTo plans stock listing in US and Indonesia
Two of Indonesia's largest e-commerce companies, ride-hailing...
Thailand abandons hope for quick tourism recovery as third Covid-19 wave rages across country
Pattaya's infamous Walking Street has become a lifeless ghost strip
Thailand’s government is giving up on hopes that...
Malaysia creates digital investment office
Malaysia prepares for the fourth industrial revolution
Malaysia is setting up a new government entity to support the...
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Singapore online car sales startup Carro gets $360 million from SoftBank, venture funds
Online car sales portal Carro, founded and headquartered in Singapore and also operative in Indonesia, Malaysia and...
Stories of the week
Austrian high-tech company to create 5,000 jobs in Malaysia
The existing AT&S plant in Shanghai
Austrian technology company AT&S is setting up a production plant in Malaysia...