Foreign direct investment
Telenor right before calling it quits in Myanmar
Norwegian telecom group Telenor is seeking a way to sell its Myanmar unit after the February 1...
Cambodia wants Sweden’s Ikea and Volvo invest in Cambodia
Cambodia is calling on Sweden to invest in the country’s furniture production and vehicle assembly industries, it...
Pandemic shakes Cambodia’s construction sector
Residential housing construction in Phnom Penh
Economic disruption by the Covid-19 pandemic is taking a toll on Cambodia’s...
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...
Microsoft to build data center network in Malaysia for $1 billion
Microsoft's data centers in Malaysia will offer regional cloud computing services
US software giant Microsoft will invest...
Two and a half months after the coup, Myanmar’s economy lies in shatters
Closed shops in Yangon
Bad news for foreign investors who have set a lot of hopes on Myanmar’s...
UAE investors to develop tourism resort in Indonesia for up to $500 million
The Banyak Island group in Indonesia's Aceh province will be part of the new resort
The United Arab...
Foreign investment flocks to Ho Chi Minh City despite pandemic
Night view of the Ho Chi Minh City skyline
Vietnam’s southern business hub of Ho Chi Minh City...
Foreign investors re-routing capital from Myanmar to Vietnam, Cambodia
Those foreign investors which have been confident until recently of a bright economic future of a young...
Vietnam’s smartphone exports reach more than $51 billion in 2020
Vietnam, a major assembler of smartphones for global brands, has reached an export value of phones and...
Myanmar’s foreign investment dream is over
The sudden seizure of power by the military in Myanmar in early February has ended a ten-year...
Porsche to set up plant in Malaysia, its first out of Germany: report
Germany’s sports car maker Porsche is reportedly setting up an assembly plant in Malaysia as its first...
Heavy damage expected for Myanmar’s economy after surprise coup
The February 1 military coup will take a significant toll on Myanmar’s economy which is already battered...
Intel invests almost half a billion dollars more in Vietnam
US information technology giant Intel has invested an additional $475 million in its facility in Vietnam in...
Brunei rolls out roadmap for a post-oil economy
Brunei has been comfortably relying on oil and gas income for a long time, but things are changing now
Vietnam’s economic outlook among best in Asia
Ho Chi Minh City skyline at dusk
In stark contrast to Thailand, Vietnam has been named to be...
Vietnam tops foreign direct investment inflows in Southeast Asia
Ho Chi Minh City skyline © Arno Maierbrugger
Booming Vietnam has become Southeast Asia’s top receiver of
foreign...
Foreign investment into Myanmar far behind target
Despite efforts by the Myanmar government to meet its
foreign direct investment (FDI) target of $5.8 billion during...
Latest
Vietnam faces hotel sell-off with 40% discounts amid tourism collapse
Closed hotels in Hanoi
Vietnam is currently experiencing a sell-off of hotels in large numbers across Vietnam as...
Stories of the week
Myanmar loses 1.2 million jobs in second quarter: ILO
Closed shops in Yangon: Feeling the heat of a double-whammy crisis
Coup-torn and Covid-19 ravaged Myanmar lost an...