Foreign direct investment
Intel invests over $7 billion in new chip plant in Malaysia
US chip manufacturer Intel will invest 30 billion ringgit ($7.1 billion) in a new state-of-the-art facility for advanced semiconductor packaging technology at its existing...
Norway’s Telenor faces hurdles in selling Myanmar business
Norwegian telecom company Telenor is faced with a big backlash to its strategy of focusing on expanding in developing countries as Myanmar’s unrelenting junta...
Foreign investment into Myanmar drops to eight-year low
Foreign investment into Myanmar has fallen dramatically in the months since the February 1 coup, having reached an eight-year low, the country's Directorate of...
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...
Foreign companies leave Myanmar in droves as economy collapses
Myanmar’s economy is in free fall after the February 1 coup that threw the country into substantial turmoil and probably decades back in development,...
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...
Latest
French, US energy giants exit Myanmar as junta-ruled country slips further into chaos
France’s TotalEnergies and US-headquartered Chevron, two of the world’s largest energy conglomerates, announced on January 21 that they were ceasing all operations in Myanmar.
As...
Stories of the week
Malaysia assesses use of digital central bank money
Malaysia has started an assessment of the potential benefits of a central bank-backed digital currency, Bank Negara Malaysia said according to a Bloomberg News...