Indonesia launches $3-billion Patimban seaport

Indonesian President Joko Widodo inaugurated over the weekend the $3.07-billion Patimban seaport—one of the government’s priority infrastructure projects—paving the way for a boost in...

Philippines’ loan to ADB to reach $9.4 billion by 2023

The Philippine government’s loan to the Asian Development Bank (ADB) was expected to reach $9.4 billion over the next four years with funds sought...

‘More carriers in the doldrums amid low travel demand’

More airlines were expected to go bankrupt this year as sales remained severely dampened by the weak travel volume. According to a report by The...

Thailand now open to all travellers

Having been one of the first countries to combat the coronavirus outbreak at bay, the kingdom of Thailand is now opening its doors to...

Singapore to host World Economic Forum next year

The World Economic Forum (WEF), one of the largest gatherings attended by business and political leaders globally, will make its debut in Asia as...

SEC approves Kerry Express 8.4-billion-baht IPO

Delivery operator Kerry Express was braving the Thai stock market through the conduct of an 8.4-billion-baht initial public offering (IPO). A report by the Bangkok...

Singapore, Hong Kong defer ‘travel bubble’

Singapore and Hong Kong have put off a plan to introduce a travel bubble amid the latter’s sudden spike in the number of coronavirus...

Hyundai to produce e-vehicles at Indonesian plant

South Korean car-maker Hyundai Motor Company was set to produce electric vehicles (EV) in Indonesia by 2022 as the country plans to manufacture batteries...

RCEP—world’s largest free-trade pact—’signed’

Fifteen countries spanning the Asia Pacific region have officially inked the Regional Comprehensive Economic Partnership (RCEP) which promises to create a vast free trade...

Temasek offers $600-million rescue to Singapore shipping giant

Singapore-based Temasek Holdings Inc. stepped in as a white knight for financially-strapped Pacific International Lines (PIL), offering the latter worth $600 million of rescue...

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Indonesia mass vaccination begins; younger generation first in line

Indonesia began with its mass vaccination program on Wednesday which focused on the younger working-age population and not the elderly. According to reports, Indonesian President...

Indonesia frees militant leader Abu Bakar Bashir

Indonesia freed from prison the spiritual leader of al-Qaeda-linked group Jemaah Islamiyah (JI) after serving two-thirds of his 15-year sentence. Abu Bakar Bashir, 82, was...

Filipino domestic worker found with new virus strain

Hong Kong health officials announced on Tuesday they have detected the new variant of the coronavirus disease in a passenger returning from Manila, sparking...