Foreign direct investment
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...
Brunei expects $20 billion investment in oil & gas industry, 15,000 new workers needed
Brunei’s oil and gas industry is expecting investments of about $20 billion in the coming years and...
IMF says Myanmar’s economy is losing steam
Mandalay street market © Arno Maierbrugger
The International Monetary Fund (IMF) expressed concern
about the Myanmar economy...
Malaysia expects healthy growth rate of 4.9% this year
Malaysia's economy continues to be strong and GDP is expected to expand a further 4.9 per cent in 2019 even with a decline in...
Laos a draw for investors, but obstacles remain
With growth rates of around seven per cent in recent years, Laos is one of the best performing in ASEAN. The country’s GDP rose...
HCMC, Hanoi, Manila, Bangkok among world’s most dynamic cities
Vietnam’s Ho Chi Minh City and Hanoi appear prominently among the global Top 10 most dynamically growing cities in the new City Momentum Index...
Laos expects more private investment this year
The Communist Lao government expects domestic and foreign private investment to climb to 23,086 billion kip ($2.7 billion) in 2019 from around $2.36 billion...
China to build $4.4-billion steel complex in the Philippines
The Philippine government on December 14 signed a memorandum of understanding with Chinese companies for the joint implementation of the “Philippine Iron and Steel...
Foreign direct investment into Malaysia increased 350% in past three quarters
Malaysia’s foreign direct investments (FDI) volume increased to 49 billion ringgit ($11.72 billion) for the first nine months of this year compared with the...
Thailand’s economy slows, foreign investors on the sidelines
Thailand's economy slowed in the third quarter this year as the trade war and a slowdown in tourism started to bite, prompting the government...
Myanmar presents plan to attract over $200 billion in foreign investment
The Myanmar Investment Commission (MIC) came up with an ambitious business plan that includes a major investment promotion strategy aiming to attract more than...
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Thai AirAsia X files for bankruptcy protection
Thai AirAsia X, the long-haul division of the Thai unit of Malaysian budget airline AirAsia Group, has become the third airline in Thailand to...
Stories of the week
US chocolate giant opens research center in Malaysia
US-based Hershey Company, the world’s fifth largest chocolate and candy maker, has opened a new research and development (R&D) center in Malaysia to develop...