Asia
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Ford, Lego invest heavily in Thailand, Vietnam
US car company Ford Motor and Danish toymaker Lego are planning to make substantial investments in Thailand and Vietnam, respectively, in the coming years...
Japanese brewer Kirin files arbitration case to sort out its Myanmar business
Japanese beer company Kirin Holdings said on December 6 that it has filed for commercial arbitration to terminate its joint venture with its Myanmar...
Union Bank named preferred bidder for Citibank’s Philippine assets
Union Bank of the Philippines has been named as preferred bidder by Citibank for the latter’s consumer banking division in the Philippines, Bloomberg News...
India’s Adani Ports becomes next investor to call it quits in Myanmar
Adani Ports and Special Economic Zone, India’s largest integrated ports and logistics company, said on October 27 at its fiscal second quarter presentation that...
Philippines among least attractive countries in Asia-Pacific for foreign investments
The Philippines has been named one of the least attractive destinations for foreign direct investment (FDI) in Asia-Pacific in a new ranking by Oxford...
Vietnam, Indonesia have a love affair with instant noodles
The ultimate convenience food in Asia: Instant noodles
Indonesia and Vietnam are the second- and third-largest instant noodles...
Japan’s Kirin brewery writes off nearly $200 million in Myanmar
Japan’s popular beer brand Kirin has become the next casualty in the Myanmar economic and political crisis...
Cambodia’s largest hydropower dam under fire for destroying livelihoods
The Lower Sesan 2 dam has flooded large parts of an area in northeastern Cambodia
A massive Chinese-financed...
Bangkok home prices dive most among regional peers as pandemic carries on
Bangkok fared worst in Southeast Asia in a new study on home price changes amid the Covid-19...
Singapore grants first-ever license for a cryptocurrency exchange
Singapore has an open approach to the crypto ecosystem
Singapore’s financial market regulator has granted preliminary approval for...
Indian companies eye Vietnam to set up a $500-million pharma hub
Foreign firms see big potential in Vietnam's pharma industry
Large Indian pharma enterprises are looking into the possibility...
Vietnam opens rail link to Belgium on China-Europe railway line
Vietnam Railways on July 20 announced it opened a new freight rail link from its capital Hanoi...
Chinese online gambling providers return to the Philippines
Chinese online gambling companies are returning to the Philippines after a Covid-19-induced hiatus and are looking to...
Laos to test high-speed railway in August
Public service on the new track starts in December
Laos plans to conduct the first test on the...
Chinese top condo buyers in Thailand by a high margin
After a steep fall in the number of condominium buyers in Thailand during the various peaks of...
Philippines drops markedly in global competitiveness ranking
The Philippines slipped seven spots to rank 52 out of 64 countries listed in the 2021 World...
Mitsubishi to invest in Laos’ first wind farm, largest in Southeast Asia
Japan’s industry conglomerate Mitsubishi Corporation will invest in a 600-megawatt wind farm in Laos, the country’s first...
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Thailand, Singapore most vulnerable to potential US recession
Southeast Asia could be seriously affected in case the US falls into recession, but some countries would be more badly hit than others, economists...