USD
Malaysia, China set trade target of $160b by 2017
Malaysia and China have set a bilateral trade target of $160 billion by 2017, as agreed between Malaysia's Prime Minister Najib Razak and China's...
Why property prices in Myanmar are really skyrocketing
Property prices in Myanmar and especially in the business capital of Yangon have been surging over the past months to the effect that square...
ASEAN markets await crucial Fed decision
ASEAN stocks and currencies were down on September 18 as countries eagerly awaited the decision of the US Federal Reserve to reduce its quantitative...
ASEAN Muslim grouping highly lists food security
The ASEAN grouping representing the southern swathe of Southeast Asian Muslims has made a joint push for hybrid rice farming to up production, it...
Great Wall comes to Thailand
Chinese car maker Great Wall Motors has announced plans to invest of up to $340 million to set up a factory in Thailand, according...
Myanmar clears 60% of foreign debt
Myanmar on January 28 announced a deal with international lenders to cancel or refinance nearly $6 billion of its debt, almost 60 per cent...
Strong peso hurts Philippine call centers
The low-cost advantage of the export-oriented Filipino service economy, in particular the business process outsourcing (BPO) industry, has become under threat due to the...
Global wealth shifting to the East
Southeast Asia, China, Japan, South Korea and Taiwan will be the world's richest economies by 2050 and are already home of the largest number...
Peru eyes opportunities in Vietnam
Peru wants to forge closer trade ties with Vietnam as the South American country begins looking for investment opportunities in Southeast Asia, according to...
Vietnam’s GDP growth accelerates
Vietnam's economy showed signs of regained strength in the second quarter 2012, according to figures released by the government on June 29.
GDP grew by...
China, Latin America aim to boost trade
By offering a $10 billion credit line for infrastructure and proposing a key trade forum, China is wooing countries in Latin America and tries...
Alabbar of Emaar focuses on 10 Billion USD mining company
For a real estate developer such as Mohammad Alabbar, chairmain of Emaar, the Emirati company, there is no time to waste on such trivialities...
Aabar invests in Glencore flotation
Glencore, the world’s largest commodities trader, recently announced a flotation valued at $11 billion. Now, Aabar (owned by Abu Dhabi’s International Petroleum Investment Company)...
Swiss banks freeze North African dictators money
In a move uncharacteristic of the secretive Swiss banking industry, authorities there have frozen hundreds of millions of dollars belonging to deposed and current...
Raffles hotel sold to Qatari Diar
Qatar’s sovereign property developer, Qatari Diar, will finalize the purchase of the famous Singapore establishment Raffles Hotel. Joseph Conrad, Rudyard Kipling, W. Somerset Maugham,...
Glencore announces flotation
The largest commodities trader in the world, Glencore, has announced that it values its impending flotation at about $61 billion. Shares will be offered...
Twitter set to purchase Tweetdeck instead of Ubermedia
In an effort to disrupt UberMedia’s growing hold on Twitter-related companies, Twitter has all but finalized a deal to purchase Tweetdeck for a reported...
Toby O’Connor named to lead Islamic Bank of Asia
Toby O’Connor has been named the CEO of DBS Group’s Islamic banking branch, Islamic Bank of Asia (IB Asia). After a period that has...
Latest
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...