Debt

Thailand’s embattled flag carrier Thai Airways International has set the course to recovery as its creditors have accepted the carrier’s revised rehabilitation plan The airline...

Indonesia’s national carrier Garuda Indonesia has halved its debt and achieved comparable cuts to aircraft leasing costs in negotiations with creditors, according to a...

Indonesia’s national airline Garuda Indonesia will have to pay its creditors a total of 120.5 trillion rupiah ($8.3 billion) if it wants to carry...

The China-Laos high-speed railway costs $6 billion Chinese infrastructure projects for its Belt and Road Initiative financed by...

Malaysia will resume work on the multi-billion dollar East Coast Rail Link after negotiations with the China...

Malaysia and Singapore agreed to postpone the development of a high-speed rail service between the two countries by two years, Malaysian business weekly The...

The Myanmar government is scaling down plans for a Chinese-backed port on its western coast in Kyaukpyu in a move to avoid running into...

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Disputes between Abu Dhabi"s state-owned International Petroleum Investment Co (IPIC) and troubled Malaysian state investment fund 1Malaysia Development Berhad (1MDB) intensified on May 11,...

Thailand is entering into stagflation as there is no consumption to lubricate the economy, says Finance Minister Sommai Phasee. The poor people don't have money...

Vietnam plans to raise $1 billion by selling dollar-denominated bonds in international markets later this year, a government official familiar with the matter said...

More than 400 state-owned enterprises (SOEs) in Vietnam declared bankruptcy or were dissolved in 2013, according to the country's Ministry of Finance. Vietnam's state-run news...

Indonesia has successfully sold its largest US dollar bond since the Asian financial crisis in 1998, $4 billion of 10- and thirty-year dollar-denominated bonds...

Investment in Thailand's ambitious 2-trillion-baht ($60-billion) infrastructure projects is unlikely to start in the present fiscal year ending September 30, 2014, caretaker Deputy Prime...

Household debt in Thailand rose to 80.1 per cent of the country's GDP in the third quarter of 2013, boosted mainly by the government's...

Indonesia’s foreign debt growth dropped to 7.3 per cent in July 2013 from 8 per cent recorded in June 2013, Bank Indonesia said on...

State-owned Vietnam Shipbuilding Industry Group, or Vinashin, announced on its website on September 16 that it will cut its workforce by 14,000 to 8,000....

The bad debt ratio in Vietnam’s banking system eased for a second straight month in June and was 4.46 per cent of the total...