AirAsia Group faces probe over alleged corruption

Low-cost airline operator AirAsia Group Berhad is facing a regulatory probe over an alleged bribery from aircraft manufacturer Airbus. The Securities Commission Malaysia said on...

Philippines approves worth P548-billion infra projects

Eight infrastructure projects amounting to P548 billion ($10.75 billion) have hurdled the National Economic and Development Authority (NEDA) in the Philippines. In a statement, Socioeconomic...

Southeast Asian countries rescue constituents in Wuhan

Southeast Asian (SEA) countries are now in touch with their constituents who were trapped in Wuhan, China amid the deadly 2019 novel coronavirus outbreak...

Wuhan tourists denied of Philippine visa

The Philippine government is now denying visa-on-arrival applications from tourists originating from Wuhan, China amid risks posed by the 2019 novel coronavirus. The denial of...

ASEAN-5 growth forecast trimmed as exports slow

The International Monetary Fund (IMF) trimmed its growth forecast for five members of the Association of Southeast Asian Nations (ASEAN) members amid their continued...

Motorcycle taxis banned in the Philippines

Motorcycles that are being used for public transportation in the Philippines will be deemed illegal beginning next week amid the looming end of a...

‘Philippine water woes to dampen growth next year’

Growth of the Philippine economy is likely hindered by the shortage of water in the summer season, the National Economic and Development Authority (NEDA)...

Philippines Falls Out of ‘Top 10 Most Gender-Equal’

The Philippines for the first time dropped out of the top 10 countries that are most gender-equal, according to the World Economic Forum (WEF). WEF...

Lucio Tan-led consortium wins $10-B Sangley Airport in Cavite

Filipino firm MacroAsia Corporation and its partner China Communications Construction Co. Ltd. (CCCC) are poised to bag the construction of a $10-billion airport in...

Philippines receives $2.5B loan from ADB

The Asian Development Bank (ADB) has lent some $2.5 billion support to the Philippines, the highest ever extended in a single year. On Friday, the...

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Thailand welcomes long-term tourists

Thailand on Tuesday has approved the entry of foreign tourists who will agree to undergo a 14-day quarantine. According to a report by the Bangkok...

ADB vows two-fold funding support for Indonesia

The Asian Development Bank (ADB) has committed to double its funding subsidy to Indonesia in a bid to support its economic recovery amid the...

Pilipinas Shell shuts down refinery amid global pandemic

One of the largest fuel producers in the Philippines is shutting down its sole refinery as the coronavirus pandemic continued to take its toll...