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...

Twin typhoon smashes into the Philippines

The Philippines was hit by a twin typhoon on Sunday--one of which considered the strongest for the year--claiming the lives of seven people amid...

Moody’s: Borrowers to face debt shock next year

Governments and corporations accumulating a significant amount of debt to combat the effects of the coronavirus disease 2019 (COVID-19) are bound to shell out...

Thailand government urged to boost ties with China

Thailand was seeking to deepen its trade relationship with China in a bid to support its ailing economy amid the global pandemic. In a report...

Malaysia seeks reopening of border with Singapore anew

The Malaysian government was planning to reopen its shared border with Singapore as it sought to generate more revenues for the economy that was...

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Laos-China railway now in advanced stages of construction

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COVID-19 drags Vietnam FDI by 18.9% in January-September

Vietnam saw foreign direct investments (FDI) plunge during the first nine months of the year as a result of the coronavirus pandemic that has...

Lopez steps down as chairman emeritus of Philippines’ media giant

Eugenio “Gabby” Lopez III has stepped down from his position as chairman emeritus of embattled Philippine media giant ABS-CBN Corp., months after the latter...

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...

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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...