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16/09/2022

In , and would be most affected by a potential US recession due to their dependence on exports and tourism

Southeast Asia could be seriously affected in case the US falls into recession, but some countries will be more badly hit than others, economists told news portal CNBC. The US has already reported two consecutive quarters of negative growth in

16/09/2022

Group leads a consortium backed by South Korean and European companies and approved by the Philippine Government, with an $11-billion deal to develop the Sangley Point International Airport (SPIA).

The Philippine government has awarded a consortium backed by South Korean and European companies and led by Samsung Group’s construction arm the $11-billion deal to develop the Sangley Point International Airport, or SPIA, in Cavite south of Metro Manila The

15/09/2022

's edtech startups attract more and more international venture capital in a booming industry

Innovative educational technology companies (edtechs) in Vietnam are increasingly on the radar of international private equity firms as education gets more digitised not only in the country itself, but in the entire Southeast Asian region, partly as a result of

15/09/2022

-based banking group DBS partnered with a blockchain-based Metaverse gaming platform, The Sandbox, to develop new services for customers in the interactive, three-dimensional environment.

Singapore-based banking group DBS, Southeast Asia’s largest lender by assets, has teamed up with The Sandbox, a blockchain-based Metaverse gaming platform, to develop new services for customers in the three-dimensional virtual environment which includes digital avatars. The Sandbox, a division

14/09/2022

Singapore-based banking group DBS, together with The Sandbox, plans to develop new services for customers in the virtual environment to create an interactive experience.

Singapore-based banking group DBS, Southeast Asia’s largest lender by assets, has teamed up with The Sandbox, a blockchain-based Metaverse gaming platform, to develop new services for customers in the three-dimensional virtual environment which includes digital avatars. The Sandbox, a division

13/09/2022

With a debt crisis alongside fuel and consumer good price hike, inflation continues to soar in , jumping from 25.6 per cent back in July to 30.1 per cent in August.

Faced with a debt crisis and various other economic problems, Laos saw its inflation jumping to 30.1 per cent year-on-year in August from 25.6 per cent in July, according to the latest report from the Lao Statistics Bureau. Higher prices

12/09/2022

Chinese car company Cherry Automobile plans to create a factory in Vietnam by 2023, allowing them to build localized vehicles and optimize the company’s potential in Vietnam.

Chinese car maker Chery Automobile plans to set up a factory in Vietnam by next year to sell locally produced models in the country rather than import them, online news portal VnExpress reported. “We want to build a factory in

10/09/2022

's electric vehicle maker is starting global deliveries of its first batch of cars, targeting customers in the US, Canada and Europe

Vietnamese electric vehicle maker VinFast will ship about 5,000 vehicles to customers in the US, Canada and Europe in early November, according to a statement from parent company Vingroup, a diversified holding run by the country richest person, billionaire Pham

09/09/2022

revives a plan to build a connection with Sumatra, across the Malacca Strait, this time a bridge or a tunnel in a project which could take 20 years to finish

A new route – either a bridge or a tunnel – spanning 120 kilometers is planned by a private consortium to link Malaysia’s coast with a landing point in the adjacent Riau province of Indonesia’s island of Sumatra, crossing a

09/09/2022

Chinese manufacturing company Auto plans to build an electric vehicle plant in Thailand, investing $490.5 million to purchase land and set up a facility in Rayong Province.

Chinese car maker BYD Auto said it would set up a facility in Thailand to start producing 150,000 passenger cars per year from 2024. The company would invest 17.9 billion baht ($490.5 million) to purchase 96 hectares of land in

08/09/2022

US co-working company opened its newest flagship office tower at the heart of Singapore’s Raffles Place central business district.

US co-working company WeWork has unveiled its flagship office tower in Singapore as it expands in the Asian financial hub, which is among its fastest growing markets. WeWork, majority-owned by Japan’s SoftBank Group, moved into 21 Collyer Quay at the

07/09/2022

may be the solution to overcome military rule, some Myanmar activists believe. As they push an endorsement from the US Federal Reserve, they hope to use frozen funds to back a digital currency and establish a new central bank for the opposition.

Myanmar exiles ousted in a 2021 coup are pressing the US Federal Reserve to endorse their bid to use billions of dollars in funds frozen by the US to back a digital currency. This would enable them to establish a

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