Singapore economy grows 14.7% in Q2, full-year GDP growth forecast upgraded to 6-7%

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SINGAPORE: Singapore's economy grew by 14.7 per cent year-on-year in the second quarter of 2021, faster than the 1.5 per cent growth in the...

Gia Lai province to boost trade links with Cambodia’s border provinces

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Hanoi (VNA) – Border trade infrastructure between Gia Lai province and Cambodia's localities sharing the same border line will be developed to promote goods...

Investors urged to bid for Rayong port

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Potential investors are being invited to consider the third-phase development of the Map Ta Phut deep sea port in Rayong, according to the Industrial...

China’s Tibet opens biggest airport terminal, eyes logistics hub for S.Asia

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(Aug 9): Gonggar Airport in Southwest China's Tibet Autonomous Region opened its newly constructed Terminal 3, which is the biggest in the region, for...

Semen Indonesia secures $220m investment from Japan

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(Aug.9) State-owned PT Semen Indonesia, the country’s biggest cement producer, has reached a multimillion dollar deal to establish a strategic partnership in expanding its...

BoT: Firms expect normalcy in Q1 2022

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Bangkok: Nearly half of businesses expect normal Thai life to resume in the first quarter of next year, according to a Bank of Thailand...

New hotel in Singapore to open opposite Shangri-La in 2023

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Singapore will welcome a new hotel in 2023. Boutique hotel brand The Standard has announced plans for its property in the city, which will...

Residential price growth above 10% across 43 cities, says Knight Frank

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Cities are now outperforming national housing markets, with 43 cities registering an annual price growth above 10%, up from just one year ago, according...

Russia captures No. 2 rank among foreign oil suppliers to US

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Russia is supplying more oil to the U.S. than any other foreign producer aside from Canada as American refiners scour the globe for gasoline-rich...

How to Invest in Cambodia: Asia’s Top Frontier Market

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by Reid Kirchenbauer Cambodia is among the world’s fastest growing countries. It’s also one of the most accessible frontier markets to foreign investors. Generally unexplored, and...

Indonesia begins work on Southeast Asia’s largest floating solar plant

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JAKARTA: Indonesia will begin work on a 145 megawatt (MW) floating solar power project, the largest in Southeast Asia, after state power utility Perusahaan...

Nissan, AESC to build US$460m car-battery plant in Japan

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(Aug 3): Nissan Motor Co. is unveiling plans for a second car-battery factory in as many months, betting that demand for electric vehicles will...

Bajaj Auto sees retail sales picking up from August; Philippines, Cambodia markets to boost...

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(August 02, 2021) Bajaj Auto, on Monday, reported a 44 percent jump in its total sales at 3,69,116 units in July 2021. The company...

Century Entertainment still waiting for launch of new Cambodian casino

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(August 2, 2021) Hong Kong-listed Century Entertainment International Holdings Ltd says there has been no further progress on preparation work for a new casino...

BEST Inc. Partners with Cainiao to Launch Cross-border Logistics Services from China to Thailand,...

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BEST Inc., a leading integrated smart supply chain solutions and logistics services provider in China, today launched its full-chain, direct logistics service to ship...

Hyundai Motor, LG’s battery unit to invest $1 bln in EV partnership

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South Korea's Hyundai Motor Group and LG Energy Solution said on Thursday they would set up a joint venture (JV) in Indonesia to establish...

Despite challenges, Cambodia’s future looks bright post-pandemic

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While Southeast Asia becomes embattled by the Delta variant of Covid-19 this summer, Cambodia has cause to stay optimistic Covid-19 has reappeared in full force...

Asia Pacific real estate investments reach US$83.5b in 1H2021, an increase of 39% y-o-y

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KUALA LUMPUR: Investment volume in Asia Pacific commercial real estate reached US$83.5 billion in the first half of 2021 (1H2021), representing growth of 39%...

Global growth to stay strong but virus the top risk, say economists

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BENGALURU: Global economic growth prospects are holding strong for this year and next, despite a significant majority of economists in Reuters polls warning new...

Asia Pacific real estate investments reach US$83.5b in 1H2021, an increase of 39% y-o-y

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KUALA LUMPUR: Investment volume in Asia Pacific commercial real estate reached US$83.5 billion in the first half of 2021 (1H2021), representing growth of 39%...